Special Bulletin: Jan 27, 2023
The Triumphant Core Four NYSE Internals Moving Averages Professional Selling Investor Sentiment Our Current Market Outlook has been upgraded to “Market in an Uptrend” with a green light. The Fed’s interest rate hikes continue to be a serious headwind for growth stocks and the general stock market indexes, but inflation is moderating. The recent attempt for support at the S&P 500’s 50-day moving average is trying to hold. While the market is not out of