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My Thoughts by TradesAfterWork - Feb. 14

My Thoughts...

The market had another excellent week with the Nasdaq Composite Index finishing up +1.73%, the S&P 500 Index up +1.23% and the Dow Jones 30 ending positive +1.00%.

So far February has been an excellent month for stocks. It will be interesting to see how March fares. Many times the month of March can be challenging, and with the market being overbought it may be a good time for the market to pull back, but who knows? The market has been oversold or overextended for some time now and could continue to be for the foreseeable future.

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