Weekly Update 30 May 2022
After the bullish action last week, stocks are no longer oversold, but we would not fade this rally too early.
After the bullish action last week, stocks are no longer oversold, but we would not fade this rally too early.
Stocks fell for a seventh week in a row, briefly entering a bear market on Friday.
Stocks fell for a sixth week in a row as investors continued to worry about a recession in the US, inflation, China and Ukraine.