Grandpa Russell (IWM) Awakes

Keith Schneider | May 5, 2019

Equities markets put in a respectable week as Fridays action turned things around from what was looking like a key reversal pattern. IWM was up almost +2% on Friday and +1.4 % on the week.  The catalyst was the  jobs report which was very strong, showing that unemployement is the lowest it’s been in 49 years at 3.6%. For those that think the glass is always half empty, wage growth was anemic. Classic analysis regarding

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