Another volatile week in which stock prices moved up, then down, then finished up, such that major indexes finished higher for the week.
Sentiment movers were banking rescues (positive), then the Fed’s rate increase and pessimistic comments regarding the economy (negative) and then investor buying at week’s end on technical signs of a possible market bottom.
A generally productive week for our stocks, with most shorts continuing downward – against the tide – and long positions mixed. A few trade opportunities emerging.
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