Ivaylo Ivanhoff | Jan 24, 2017 01:07AM ET
The major stock market indexes continue to consolidate mostly through time. Small caps are underperforming large caps, which has made chasing breakouts challenging in many occasions. We haven’t seen any strong buying pressure so far in 2017. There has been a little uptick in selling pressure, but nothing major.
Two major trading themes have defined 2017 so far. I don’t know if this will continue to be the case in the near future:
We have just entered a new earnings season. Thousands of companies will provide new information about the state of their business. As a result, we will see the formation of many new trends, both up and down trends. New trends mean new opportunities.
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