The Sky’s Not Falling

keeping your cool as the market shifts
 
   
     
   
 
APRIL 3, 2024
   
TUCCI’S TWO CENTS
The Sky Is Falling!The Sky Is Falling!(actually, it's not)

Just to show you how quickly things can change in the market, the following article was written Tuesday, April 2nd as the major indexes looked like this…
 
 
 

The past two trading sessions have brought what seem like steep selloffs in the major indexes.

The truth is, yes, the market has sagged a bit. But it’s a testament to the dramatic bull run we’ve seen over the last 6 months that even a small dip like this can feel like a major shift. 

So before you hit the eject button on your portfolio, take a deep breath…

 

— Nate Tucci
 
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GUY COHEN’S MARKET MOVERS
Path Of Least Resistance
 

Last week was another positive week for the main indices, except for the QQQ which is consolidating.

Further upside appears to be the path of least resistance for now, but at overbought levels things can quickly change.

Our focus remains on stocks that are near their Key Levels and not overbought.

Here is this week’s watchlist:

 
 

Follow the money,

— Guy Cohen
   
 

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