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A few charts to remember before you jump to conclusions
This post was originally published on TKer.co Stocks ticked lower last week, with the S&P 500 declining 0.7{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502}. The index is now up 10.9{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} from its October 12 closing low of 3,577.03 and down 17.3{515baef3fee8ea94d67a98a2b336e0215adf67d225b0e21a4f5c9b13e8fbd502} from its January 3 closing high of 4,796.56. On Thursday, I had the privilege of speaking to a class taught by Greg Harmon, one of the savviest minds in trading. Harmon teaches financial markets at Case Western Reserve University’s business school. Below are some charts I shared with his class. They’re a reminder for investors to be cautious with news headlines that may belie a greater, more nuanced truth. TKer subscribers may recognize some of…