A few charts I am looking at into May with brief commentary:
$AAPL $GOOGL $BIDU $GDX $SPG $BXP $MSFT $SLV
After my warning back on March 1st that demand in the stock market was weakening and that investors should be preparing for a correction, Friday's trading session brought all of the major indices down over 1%. Do I think the correction, after four days, is over?
Good afternoon. Stocks spiked higher in the pre-market as Greece is reported to get another six months to get their house in order. Prices fell back after the open with the $SPY dropping over $1 from early highs. The theme of big swings remains.
Here are a few charts and my perspective on them.