We Got the Pullback Is There More Coming? That was the question of the day. So, let s check the charts. Stocks quotes in this article: QQQ
I left my desk for a few days and I see we got the pullback after the rally.
But the question of the day, at least in my inbox, was if the pullback is over now. I don t think so, but one thing is for sure, the either/or market hasn t gone away.
Every single guest on television recommends the same thing: Stay away from growth stocks and concentrate on commodities, industrials and financials. That has been the trade for the last few weeks. Yet, Tuesday, it was growth that stopped going down and caused the market to lift off the lows.