Market Unlikely to Be Overbought Until Memorial Day

It feels as though at least once a week there is some urgent breaking news or scoop about the current administration in Washington that comes out right after the markets close. And each time the chatter levels rise. Folks talk about how awful it is or could be or will be for the markets. And then the market shrugs and they seem so impressed that the market didn't blink.

I am fond of saying that the market teaches us a lesson or pattern over and over again, until we learn it. And then, once we learn it, the market changes the pattern. Thus far I have yet to see one of these Presidential 'catastrophes' turn into a market moving event. After Monday evening's reveal I did however see many joke that 'this should be good for another ten handle rally on the S&P" so perhaps we are getting to the point where the lesson has been learned....297 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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