“In the stock market, the most important organ is the stomach.” — Peter Lynch
Good evening:
After opening the week with what our Head of Technical Strategy, Mark Newton, called a “sideways grind,” markets turned upwards on Wednesday, with all 11 sectors of the SPX rising. Newton noted that “463 names within SPX rallied on Wednesday out of 500, constituting a ‘90% Up Day.’” The trend continued for the rest of the week, propelling markets to a winning week, month, an...