Loading ...Yes, good analysis. It does seem to me that the corrections are getting shallower and somewhat shorter since 2016. The notional paper dumps, while always frustrating do seem to be getting less bang for the buck.
I do find it somewhat worrisome that the shares have yet to confirm upside moves in the metals and have underperformed all year but we’ve seen that change in a hurry before.
We’ve had a good week of performance considering a Fed meeting and Options expiration. Next week we’ll have a jobs report to contend with.