FYI: After two weeks of rallies, the S&P 500 mostly consolidated this week – except for Friday the action was very reminiscent of 2017 with almost no volatility at all intraday and modest gains or sideways action. Friday was the wrench in the mix, with a gap down to open the day but buyers came in during the afternoon and in the end the markets had a week to digest prior gains. Friday’s action was due to TRADE WARS(tm)!
Regards,
Ted
https://www.stocktrader.com/2018/06/18/weekly-market-recap-jun-17-2018/
