Market Lab Report - Premarket Pulse 8/12/16
Major averages rose on mixed, below average volume. The NASDAQ Composite, S&P 500 and Dow Industrials have all been consolidating gains while trading in new high territory. The risk-on Russell 2000 has been the best performed off Brexit lows. The uptrend remains in place but as we know, market pullbacks can be short and sharp, so never get complacent about your stocks. And those who wish to take partial profits on the VIX Volatility Model's ETFs/ETNs may do so depending on their personal risk tolerance and position sizing criteria.
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