FYI: The story of 2017 has been “lack of volatility”. There is finally some volatility entering the market, which is nice for those out there who like to actually trade a bit rather than buy and hold. In last week’s recaps we noted the NYSE McClellan Indicator had registered an extreme oversold reading so a “rubber band” type of snap back rally could happen.
Regards,
Ted
https://www.stocktrader.com/2017/08/20/weekly-market-recap-aug-20-2017/