US stocks fell last week with the S&P 500 closing lower by more than 2% as investors used the quarter-end “excuse” to take profits in the few things that worked higher in the first three months of the year.
In the bigger sense, US equities continue to pave a path of maximum frustration for directional investors, which is to say that they are running in circles with the S&P 500 higher by “just” 0.60% year-to-date.
There are pockets of relative strength to focus around however…
Read my full analysis HERE
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