Last trading day of the quarter before a long holiday weekend should be tricky especially ahead of PCE report on Good Friday. Take the S&P 500, for instance; no one expected a rally when low volumes of the last week were being seen as a sign of Fatigue; however, the index notched record high yesterday, capping off a strong quarter, of 10%. Identifying specific reason is tough - akin to finding a needle in a haystack. A strong 7-year auction might be one reason.
Last Trading Day, Still learning!
Last Trading Day, Still learning!
Last Trading Day, Still learning!
Last trading day of the quarter before a long holiday weekend should be tricky especially ahead of PCE report on Good Friday. Take the S&P 500, for instance; no one expected a rally when low volumes of the last week were being seen as a sign of Fatigue; however, the index notched record high yesterday, capping off a strong quarter, of 10%. Identifying specific reason is tough - akin to finding a needle in a haystack. A strong 7-year auction might be one reason.