Markets
Weekly Market Outlook – February 25, 2019
Friday, February 22, was a strong market day, which sent the major indices to higher highs compared to late December. That puts us officially out of the downtrend. But now we have two scenarios that are likely, especially since we’re out of earnings season. Will the markets drive higher? Or should we expect Fibonacci-style pullbacks […]
Friday, February 22, was a strong market day, which sent the major indices to higher highs compared to late December. That puts us officially out of the downtrend. But now we have two scenarios that are likely, especially since we’re out of earnings season. Will the markets drive higher? Or should we expect Fibonacci-style pullbacks near the 50-day moving averages? One of the keys to making money in the markets is to understand the possibilities — and be ready to react.