Today's Daily Stock Market Comments
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02/06/19 - Stock Market Comments
Today's relatively flat trading continues to indicate the lack of any major change of investor sentiment. When the market opens lower, but very mildly lower, that indicates there is some profit-taking but no compelling bearish sentiment coming into the market trend. The lack of any major change of trend direction makes the 200 day moving average a viable target for the NASDAQ as well as the S&P 500.