Last week, yuck. Last month, yuck.
The only thing emerging right now is GOLD and GOLD STOCKS as they came up the right side on heavy volume Friday.
Markets are deeply oversold but oversold can become more oversold. Of course, we also have to deal with the next tweet and maybe the next tariff. The latest…he president was about to apply tariffs to Australia.
We do not rationalize. We deal in price and with major indices below the 200 day average, not a good thing.
Go slow. Need to see some accumulation first…and right now, ain’t happening.