Attached below is the very condensed version of what I provide to the Insider Members in their Weekend Market Analysis.
So we got a bounce from deeply oversold conditions on Thursday and Friday. Is that it. Is the selling over? Are the bears tired?
In the video below I review last week’s market action by looking at the NYSE Composite Index (NYA), Russell 2000 (RUT) and weekly chart of the S&P 500 (SPX).
I also review the High Yield Bond Fund (HYG), oil (USO) and gold (GLD).
I then check 3 stocks from both a daily and weekly view: Apple (AAPL), Amazon.com (AMZN) and American Express (AXP).