The Gilmo Report

March 22, 2020

March 20, 2020

The Crash of 2020 persists, as the NASDAQ Composite Index has done little more than form a short bear flag over the past week against a daily backdrop of tremendous intraday volatility. In the meantime, all we have seen so far are brief, oversold rallies, otherwise known as one-day wonder rallies. Some might prefer to use the phrase dead cat bounces (DCBs, for short).

 

 

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