Market analyst Mark McMillan talks about where the markets are going and gives his trade recommendations for the day.
“The major index ETFs opened mixed and then began to sell-off almost immediately. That sell-off ran its course and reversed by early afternoon. Still, only the Dow survived with a loss of less than one percent following an afternoon rally. The other major indexes, the Russell-2000, the Semiconductor Index (SOX 344.67 -12.29), and both the Regional- (KRE) and Diversified- (KBE) bank indexes move lower by more than one percent…”
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About Mark McMillan:
Mark McMillan entered the world of finance to solve the problem of why and more importantly when the markets will go up and down. He developed a behavioral model to understand what is really happening in the markets and uses it to time the markets. He also uses fundamental research to determine valuations for companies. He combines the behavioral and value strategies along with macro-economic analysis to build a portfolio with both long term and tactical positions.
About EQUITIES:
Since 1951, EQUITIES Magazine has been a leading media company providing business editorial content designed to serve the needs of business leaders, professionals, institutional investors and retail investors. We are focused on business and the business of making money, not on lifestyle subjects. We publish original reporting in print and on our website, as well as select content at www.nasdaq.com. For 28 years we have hosted our own branded investor conferences that connect public company CEO’s with our loyal readers in the investment community.
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