Markets continue to consolidate above their 21-day moving averages after being extended coming into last week. I am viewing it as a constructive pullback. Leading stocks reflect that as well, continuing to show a high level of relative strength by either falling less than the indexes or trading lower on below-average volume. There are only a few warning signs, mostly in higher-beta stocks like
The Next Market Leaders - 2/12
The Next Market Leaders - 2/12
The Next Market Leaders - 2/12
Markets continue to consolidate above their 21-day moving averages after being extended coming into last week. I am viewing it as a constructive pullback. Leading stocks reflect that as well, continuing to show a high level of relative strength by either falling less than the indexes or trading lower on below-average volume. There are only a few warning signs, mostly in higher-beta stocks like