Jason Goepfert

1-21-2022 at 5:32 pm

Daily Report : Weekly Wrap for Jan 21 - Risk-off sentiment abounds and trends are failing across the board

This week, we saw a peak in technical warning signs on stocks. There has been continued deterioration under the surface, and investors are showing risk-off behavior. The Nasdaq Composite lost a couple of its positive long-term trends, while negative options bets on Energy stocks are reversing.

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