December 14, 2018

Friday Weakness

Here we go again – the market is extremely weak going into the Friday close. Remember the end-of-the-week wild rallies? Yeah, good times…but they’re gone.

There is no single reason why it’s lower today but there is enough general bearishness to cause it. There is turmoil in France, Brexit problems, Italy and more. Additionally, the US will see another rate hike next week. So the indices are getting crushed enough to give us another “Friday Weakness” scenario.

about the author:

Dan O'Brien

Dan O’Brien has had a long, experienced career as a trader, a broker and an educator. He has a tremendous track record calling trading signals in the S&P 500 and major stock names. Dan has developed all the tools with his over 20+ years of experience in the business - top-notch technical acumen, an in-depth understanding of market fundamentals, a disciplined approach to trading and a patient style of teaching.

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