FYI: A quiet week for the market, which is exactly what the bulls want – low volatility and little in the way of pullbacks as the indexes consolidate a few months of big gains. Monday thru Thursday saw very little movement, and the week ended with a moderate rally Friday. Powell testified to Congress and essentially whispered “patience” repeatedly and away we go – we’ve been in “Fed is on our side” mode for a few months now.
The housing market continues to slow:
Regards,
Ted
https://www.stocktrader.com/2019/03/03/weekly-market-recap-mar-3-2019/