S&P 500 2728,12 +7,18.
Politics may add volatility into the market with the resignation of Gary Cohn and this announcement may finally bring some skepticism into investor’s mind. Yesterday’s action was pretty positive with strong breadth: 2018 stocks advanced on the NYSE, compared to 888 that settled down, the second day in a row that advancers tops the 2000 mark. Progressively, our model based on a appraisal of the risk is improving, one of our daily sentiment indicators is entering the green zone but there is still room for improvement among our indicators before a clear buy signal may be raised, let’s be patient.
Next Update: Monday 12th March 2018