I hope it isn’t true, as many conspiracy buffs suggest, that either the Fed or Treasury is in the market buying/supporting stocks. If that ever were the case, free markets would cease to exist. There are plenty of others with vested interests to keep markets propped.

On Monday, there was another “stick save” into the close.

Volume was a little above average while breadth was decidedly negative.










































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David Fry

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This article has 4 comments:

  • Mar 04 06:07 AM
    I totally agree with your comment about DVY -- it's amazing how people thought that buying a dividend ETF was safe, when in fact most of them were loaded up with financials, REITs and utilities.
  • Mar 04 12:13 PM
    Nice charts. How about some on recent up sectors such as Ag, Metals, Gold, Silver, Energy, etc. With comments. You seem to have a good head for this sort thing, and we appreciate your work.
  • Mar 04 10:36 PM
    Yes - much appreciated. And we aren't forgetting that you have considered Brazil, India, and (ghasp!) China in the past, as well...

    Thanks!
  • Mar 04 10:44 PM
    Nevermind! I saw the commodities and international commentary in your currency article - great! Thanks, again...
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