Understanding Fan Lines; AJ Monte’s Weekly Market Report
Despite markets closing the week on a slightly higher note, $DIA finished with a lower-high/lower low candle. One day does not make the markets, but this PIVOT POINT is significant. To dial it back, market volatility is here, in a big way, and it is important to learn how to manage and capitalize on it.
New data, via BofA Global Fund Manager Survey, shows we have had the second highest rise in global macro pessimism in the past 31 years.
They continue with data showing foreigners selling US equities a the highest level since March of 2023;
Hear more on these data points, market targets, and additional commentary from AJ Monte in his most recent Weekly Market Report:
