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Ep. 201: Joe Fahmy: Tight Is Right

Investing With IBD

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The S&P 500's Tighter Action

Every time in 2022 when we came up to the 200 day, that would start off a pretty decent sell off over the next couple of months. Now that we're above it and we don't have enough data or days to analyze it, but to Justin's point it didn't get immediately sold off. It's at least trying to find some support near that 200 day on the S&P as well. And again it was a subtle character change last week the Dow was down with a NASDAQ composite was up.

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