Author: John Pugliano

Today the index dropped below its 100 dma – an uncharacteristic event.  If it drops more than 1% below the 100 dma, a pullback to the 200 dma is likely (~2045). This Friday is options expiration, expect volatility and heavy trading volume. —————————————————————————————————————————————- Listen to the Wealthsteading Podcast to receive updated market commentary: www.wealthsteading.com Subscribe…