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Weekly Market Recap May 6, 2018

FYI: The indexes continue to mark time range bound at lower levels (with moderately high volatility) which should be a concern for bulls until it changes. Unlike consolidation after a move up, this is consolidation after a selloff which is not usually bullish. Selling Monday and Wednesday was offset by a rally Friday; tech in general helped the market quite a bit this week with Apple (AAPL) contributing particularly. The Federal Reserve meeting was a nothing burger.
Regards,
Ted
https://www.stocktrader.com/2018/05/07/weekly-market-recap-may-6-2018/
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