Stocks squeezed in the last hour of trading on Friday with the S&P able to reverse bear market territory at 3pm to close slightly in the green - I wouldn't call it capitulation just yet but a positive sign. The negative is that the Dow closed lower for the 8th week in a row while the S&P and Nasdaq closed lower for the 7th week in a row - something that has not happened since 1932 and 2001 respectively. Asia markets closed mixed overnight while Europe indexes are in the green this morning, U.S. futures are pointing to a bounce, the Dollar is lower while Oil, Yields, and Gold are higher.
May 23rd, 2022 Watch List
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