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Monday, November 25, 2024

Back to Friday’s Close

Submitted by Mark Hanna

Courtesy of MarketMontage. View original post here.

Have to tip your hat to the bulls – Monday’s big losses have been eliminated and they already have the market back to Friday’s close.  In the context of how bad the action was Monday with a lot of technical damage that is surprising but in the context of how this market has worked since 2009, nothing is surprising anymore.

30 S&P points since noon yesterday.

Disclosure Notice

Any securities mentioned on this page are not held by the author in his personal portfolio. Securities mentioned may or may not be held by the author in the mutual fund he manages, the Paladin Long Short Fund (PALFX). For a list of the aforementioned fund’s holdings at the end of the prior quarter, visit the Paladin Funds website at http://www.paladinfunds.com/holdings/blog

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