stock market overview

The S&P and Dow are in wedge patterns; the Nasdaq Composite broke above its wedge

The S&P and Dow are in wedge patterns that started in early November. The Nasdaq Composite shows a similar pattern. But, its wedge was broken as the Nasdaq Composite continued to move higher. The average share is still about 26 times earnings; the historical average going back decades, is about 14. The stock market will […]

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