Tuesday’s Closing Look
Stocks were close in the U.S. on Monday in observance of the MLK holiday. Overseas markets fell on Monday after rumor spread that England would seek a hard Brexit. Stocks fell on Tuesday dragged lower by the financials. The U.S. dollar fell hard after President-Elect Donald Trump said in an interview that the U.S. dollar was too strong.
Gary’s Thoughts: Don’t see much damage done. For sure, financials in pullback mode but most all above moving averages. Keep in mind, ton of earnings to come out. As we write this, Netflix good numbers…up about 6% in aftermarket.