From last night close, the percentage of stocks trading above their 200 day simple moving average is above the 50% mark. Given over night action from North Korea, the more weakness is expected. These conditions indicate weakness and most of the times corrections are expected. From the picture below, you can see that from 714
STOCKS Stocks have run up and bonds slaughtered partly in hopes of a quick Trump fiscal stimulus. The 10-year note has gained for the last four days. Even though stocks have held mostly steady, risk has increased in stocks. Now the ‘smart money’ is beginning to materialized that getting any fiscal stimulus plans through Congress would take