Jason Goepfert

3-30-2020 at 9:31 pm

Daily Report : Other than the stock market, few signs of a thaw; S&P's technical sell signal lacks punch

Stocks, and internal breadth measures, have been extremely positive over the past week. But outside of the broad market, there have been fewer signs of a thaw in the panic and concern among investors.; The S&P 500, along with some sectors and individual stocks, has triggered a Death Cross sell signal. While it did precede some weak short-term returns, it was not a good signal longer-term.

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