Dr. Julie Peterson-Manz reviews the Around The Horn stock action for May 26, and presents trade ideas that still have the possibility of triggering for May 27.
The technical picture of the main stock market indexes has not changed. The S&P, Nasdaq, and Dow all remain trapped in the middle of their multi-week trading ranges.
The indices had a negative start to the week, but that abruptly turned around with a surprisingly strong consumer confidence index reading that squeezed the shorts and exploded the indices.
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