No Surprises

There were no surprises from last week’s market performance. All the major market indices except DJIA hit their mark. The SP500 was nudged into a new closing high by exceeding the January closing high with 0.01 of a point at the closing bell. Believe what you want, manufactured or coincidence.

Next week is options expiration week and with so many stocks extended, I will be prepared for a potential pullback.

Here are the updated charts:

SP500:



DJIA:



DJT:



Nasdaq 100:



Russell 2000: