Tuesday, March 17, 2026

No Follow thru 3/17

 3/17/2026

the 400+ move Monday had no follow thru Tuesday, Here is the five day view


 High was 47,428 but te close was 46,993 a downward swing of  435 points. If you believe news events move the market, EU's rebuff of Trump's request for help did nothing for confidence in finding an end to the Iran conflict. 

Stock value to GDP highest ever. Notice the long 1972-1984 period of stagnation in the stock market. 

Few if any 'financial advisors' experienced this drought of interest in the market. Granted commissions were high and now they are about zilch, something else to consider.  


 

After a gap up in TLT 20 yr bonds, no real follow thru there either.  Nothing came of an expected four day rally in stocks and bonds. 

ZSL gained 4.7%, I continue to hold.


 

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