Market Newsletter - Week of Feb Mar 4, 2024
Get an inside look of what's to come in the market this week and what stocks to watch out for!
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MARKET NOTES GOING INTO THIS WEEK.
Last week we saw a controlled pull back into support on the overall market, and as we approached the prior daily high, we broke out again with a strong move on Friday these Friday thrusts have continued to be a theme in recent times as we continue to make higher highs in the market overall.
Here is a look at some of the sectors for the last week and how they performed:
FEAR AND GREED INDEX
MARKET OUTLOOK
EARNINGS SEASON IS BACK!!! BE CAREFUL WITH YOUR SWINGS AND IV’s
Yet another strong push in the market overall and pushing us to new highs. this will definitely continue to bring in buyers as more bears step away waiting for some selling pressure or topping to show before getting involved. short term fibs do show 519. however slow controlled move along side the 20MA is what is the healthy thing to see going forward. so keep your eyes peeled for pullbacks into that 20MA for great opportunities.
UPCOMING IMPORTANT MARKET EVENTS:
UPCOMING EARNINGS FOR THE WEEK
MOST ACTIVE STOCKS FRIDAY:
SOME MEMBERS SUCCESS LAST WEEK
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