Hefty buying across the market allowed the Dow 30 and S&P 500 to regain its 50-day moving averages.
This is key. So if it sticks we’re changing our bias to Buyer’s Caution.
More revealing for the potential success of our beloved Growth Stocks will be how well recent breakouts hold up this week.
We’ll save our analysis for the end of the week as more evidence mounts the next two day.