Stock update, 3/15/2022
Market update
There was even fewer stocks on my scans tonight than on Monday, which shows me that the market breadth is continuing to wind down, Alot of the worst stuff bounced today and made the indices look good. Remember nothing ever goes straight down. There was only one stock tonight that met my trading criteria and was following through which was Libero Copper and Gold.
This is an environment to really use extreme caution in as the market could go a variety of ways right now and needs to pick a direction, and in my opinion that looks to be down. The fed meeting tomorrow will be interesting to watch.
I remain bullish on commodities moving forward and will look to get back into the sector when the health of stock market improves. I will continue to update you each day and do my reports if the stocks and market warrant it.
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