Weekly Market Outlook - Are Stocks Ready To Pivot?
January 19, 2016 at 10:08 AM EST
From a momentum perspective, there's no way of saying the momentum isn't bearish for stocks. The BigTrends TrendScore for the S&P 500 SPYders (SPY) (SPX) now stands at 9.8. That's the end result of an 8.0% tumble over the course of just two weeks.