A lot of the major US Stock Market indexes have been having a hard time making much progress this month.
That makes sense to me because there are simply fewer and fewer stocks that are going up in price.
It’s a market of stocks, after all right?
The way I learned it was, “Don’t fight Papa Dow”.
As you can see below, Dow Futures are at the same levels they were on February 2nd. We start March this Friday.
Also, you can see momentum continue to roll over very aggressively, particularly as any new highs in the indexes failed to hold: [Read more…]