Last week the S&P 500 went up all 5 trading days. This helped push the market from an immediate danger zone, but still has it in fragile territory.
In today's video I recap last week's moves and what levels I'm watching for this week. Today the market started out very weak, but rallied to finish nearly positive. All things considered the trend as of late has been very good weeks followed by very bad weeks, so I wouldn't jump to any conclusions until September ends.
Tomorrow I will be calculation our Recession Probability Analytics - which are not likely to be good. More to come on that in my next post.
Feel welcome to share this posts with friends, family, and others you feel might benefit. I'm grateful for how quickly my blog has gained traction and hope to help as many investors through this medium as possible.
On a totally separate note, Happy Birthday to my wife Jillian! Just in case she's reading.