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An extreme drop in volatility provided the prelude for a market pullback that has a number of ETFs and stocks retreating toward short-term oversold territory.
For a growing number of traders and investors, even the mighty Apple can only keep the market moving higher for so long.
Do reversals in many stocks on Monday mean that a broader pullback is near?
Stocks put in their best weekly performance since last December. Will Apple’s announcement on dividends and buybacks send the market higher – or mark a short-term top?
Bulls remain firmly in control as the markets continue to show resilience in the face of headwinds from Europe and China.
Stocks rallied to new highs again on Friday, as traders bid the markets even deeper into short-term overbought territory.
Friday’s employment report will be the next focus of attention for short-term traders and active investors alike.
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Will traders take advantage of lower prices as the Dow makes its biggest pullback of 2012?