Relief rally? Watch the T line. The Ukrainian situation appears to be defusing, but inflation may still be a negative to the markets. Electric vehicle sector acting well. The Dow is currently nudging the T line. The NASDAQ opened at the T line and currently hovering at that level. Stochastics are still heading lower in the indexes. This makes it important to see where the markets close today. Obviously, short positions did not execute.
February 15th Daily Market Comments
Relief rally? Watch the T line. The Ukrainian situation appears to be defusing, but inflation may still be a negative to the markets. Electric vehicle sector acting well. The Dow is currently nudging the T line. The NASDAQ opened at the T line and currently hovering at that level. Stochastics are still heading lower in the indexes. This makes it important to see where the markets close today. Obviously, short positions did not execute.