Market Update | stockbee


Market Update

Market Monitor: Bullish

* Another 300 plus down day in last 5 days is not a good sign.
* This market has had tough time breaking out of range since January.
* The GE news and other world market reaction (Japan, Hongkong, India down big) will test the market. If the market can rebound from these repeated selling bouts , it will show resiliency.
* The earnings season will continue to be volatile and lighter commitment and more watchful approach.

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