It was a choppy week full of mixed signals this week in the US stock Market. Here’s a review of the action:
Monday = Big Green Day
Tuesday = Big Red Red Day
Wednesday = Mixed
Thursday = Big Red day, but reversal
Friday = Back to Green
On a weekly chart, the $SPX aka the S&P 500, managed to hold and close above the 50 period moving average. I would have to side with the bulls this week and give them the victory.
The top industries, week over week, sorted by the change in Hybrid score, include:
The banks, financials, took the W this week.
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Looking at individual names, here are your top Hybrid Movers on the week, supplied by Exodus:
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What exactly is the hybrid score you ask? CLICK HERE
Have a good weekend all!
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I can almost taste the salt in that water.