AUTHOR
Mick Weinstein
Mick is the Head of Editorial for Covestor, a financial journalist and online content specialist. Prior to joining Covestor, Mick was for five years the Editor in Chief and VP Content at stock market analysis website Seeking Alpha, where he built the editorial function as the site attracted over 3.5 million unique monthly visitors and developed an innovative platform for intelligent stock market discussion. Mick is a graduate of the University of Michigan, Ann Arbor.
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When you go from big, impulsive moves to these sideways, blah periods of time, it is a warning message that we are just consolidating sideways here.
From BestShowTickets – click to enlarge:
Last week’s market rally saw assists from two places: economic data and constructive Fed comments. Three critical economic data points gave investors what they were looking for: wholesale inflation, consumer prices, and retail sales.
The industrial foundations of society are shifting