Video Market Recap: Friday, April 22, 2016 - SPY QQQ NYA TLT AGG UUP EURJPY MUB GLD GDX USO UNG

Signs of selling appeared on Wednesday and continued into Friday. SPY gained about ½ of percent to end the week at 208.97. This rally that started in February has probably overstayed its welcome and profit taking is likely to commence. Profit taking implies some sort of a corrective action. Whether or not this coming correction is going to turn into a rout remains to be seen.  Read the rest of this post here