Tuesday, May 15, 2018

Pulling Back from a New High

Monday saw the market move up nicely early until the Russell 2000 small cap index hit an all-time high.  Selling kicked in at that new high water mark and the entire market followed suit.

It was encouraging that buyers stepped in during the final hour.  Thus morning futures are down a bit. 

Our position is moving towards 100% invested.  The NASDAQ is outperforming the S&P500.

No comments:

Post a Comment

Note: Only a member of this blog may post a comment.