It appears Tuesday's exhaustion has left a mark, leaving the market vulnerable to a letdown...
Yesterday's stabilization brought no follow-through today. In fact today's stumble lower produced no positive indication of technical strength presaging a reaction back up. The last half hour: possibly positioning for a positive April employment surprise, which by the looks of things will not materialize. Tomorrow is shaping up to be nasty.
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Analysis centers on the stock market's path of least resistance. Long-term, this drives a simple strategy for safely investing a 401(k) for maximum profit. Intermediate-term, investing with stock index tracking-ETFs (both their long and short varieties) is advanced. Short-term, stock index options occasionally offer extraordinary profit opportunities when the stock market is moving along its projected path.
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