FYI: The blistering start to 2019 continued this past week, as 3 days of consolidation led to a decent rally Friday. The NASDAQ had been up 8 sessions in a row until a small retreat Thursday. Volatility has fallen off dramatically and bears have been on the run for weeks on end as the Federal Reserve has no “patience” for them. This is the 9th straight up week for the NASDAQ and Dow Jones (the S&P 500 suffered a small loss one week but essentially is in the same zip code) No real heavy news flow – the same optimism of a trade deal with China that reigned the prior week also was the context for any rallies this week.
Regards,
Ted
https://www.stocktrader.com/2019/02/24/weekly-market-recap-feb-24-2019/
