FYI: We wrote in last week’s recap: “One would think the indexes are a bit extended short term”. And indeed, a rest and consolidation occurred as both the S&P 500 and NASDAQ pulled back to their 20 day moving averages. (The Russell 2000 did as well but it was not overextended going into the week)
Friday President Trump said the U.S. had tariffs ready to go on another $267 billion in Chinese goods, on top of tariffs on $200 billion in goods
Regards,
Ted
https://www.stocktrader.com/blog/
