July 25th Daily Market Comments

Do the summer doldrums always occur this time of year? Not always and the candlestick charts will illustrate whether that is happening or not. This year, although the indexes are currently trading above the T line, the market conditions still reveal indecisive trading. This is also accentuated by the lack of direction from the feds. The reactive decision-making about interest rates versus a proactive approach continues to put questioning in the investment community.