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A week ago we said “up is good,” as the market’s bounce from its lows was a good thing to see—but, at day’s end, didn’t really change the overall environment. And that’s how we feel about this week, but in the opposite sense—we’ve seen renewed selling pressure on the Nasdaq and growth stocks, and this time, even some of the broad market has been caught up in it (like energy names).

It’s been another mostly positive week for the major indexes, with the Nasdaq leading the way and most broad market indexes up marginally. We’re encouraged, though, by another solid performance by some of the growth-oriented indexes and funds, which continued to outperform this week.

Here’s how I handle my personal stock portfolio when I’m expecting a market correction. When I sell a stock, I put part of the capital in the money market fund, and I reinvest part of the capital into an attractive stock opportunity.

The holiday-shortened week has seen more bad than good, especially early when many growth stocks hit potholes—including a few breakdowns. But while most major indexes are lower, the damage has been mostly reasonable and today’s bounce helps the cause.

It’s been a modestly positive week in the market, with a few intraday wobbles but nothing overly stressful. And, encouragingly, growth stocks led the way—the Nasdaq came into today up around 1.5%, while the rest of the major indexes were flat to up a touch and growth-y funds and indexes outperformed broad market ones.

The COVID-19 problem, as it pertains to the U.S. stock markets, is compounded by the fact that the S&P 500 index had risen about 12% since October.

The stock market continues to exhibit a willingness to rise in the near term. I’m seeing constructive price chart patterns on both the S&P 500 index and on many individual stocks.

It’s been a very solid week for the market—at the close last Friday, the market’s overall intermediate-term trend was close to cracking, but the upmove in recent days has pushed most indexes nicely higher. In fact, both the S&P 500 and Nasdaq have nosed to new highs, which, as trend followers, is all to the good.

It’s been a very, very interesting week in the market. From a top-down perspective, it wasn’t the biggest deal: As we enter today, most major indexes are up in the 1% to 1.5% range on the week. At best, this puts the intermediate-term trend back to neutral for the major indexes, while most stocks (north of 60% of them) are still languishing below their respective 50-day lines.

Things had been a bit too quiet in the market, and that usually results in some unexpected action, and we’re starting to see that now—many leading cyclical stocks and sectors have broken down, while yesterday, growth stocks (especially the winners from last year) ramped … basically, another big round of rotation. Today, though, we’re seeing the sellers hit everything, growth and cyclical alike.

After a brutal couple of weeks for growth (especially) and the broad market (a bit near the end), this week finally saw a bit of encouraging action. No, the major indexes haven’t lit up the sky (the S&P 500 is flat and the Nasdaq is up around 1% on the week), but we have seen some support appear—the market fell Monday and Tuesday and gapped down sharply on Wednesday, but most stuff has bounced nicely since then.

This week has been pretty quiet for the major indexes—coming into today, most were up on the week but by 0.5% or less.

The first three sessions of this holiday-shortened week have been down across the board for the major indexes, but as has been the case, the damage has been tame in some places and harsh in others. Big-cap indexes are down less than 1% (and should be flat-ish after this morning’s open), while broad market indexes (NYSE Composite, small- and mid-caps) are down 2% to 3%, mostly due to weakness in financials, energy and transports.

The markets had a mostly positive week, with most indexes up, and interestingly, the strength has been relatively broad based—whether it’s the big-cap indexes or small-cap indexes, growth or value, everything seems to be up in the 1% to 2.5% range.

The past two weeks have been 2021 in a nutshell. Two weeks ago, stocks came into trading having bounced nicely, but instead of following through, the indexes and leaders cascaded. Then, this week, when things looked close to going over the falls, we’ve seen an excellent rebound, with the major indexes recouping 45%-ish of their losses in just a couple of days.

The economy has fallen into a recession. The official economic statistics are not at our doorsteps yet – two quarters of falling GDP – but it’s fairly obvious that American business has gone into hibernation for at least a few months.

It’s been a relatively quiet holiday-shortened week, with the indexes and many individual stocks not making many moves. (A few groups, like energies, financials and even REITs made decent moves, but that was about it.) It’s possible this morning’s jobs report could change that, but all in all we’ll chalk it up as a neutral week—which, coming after three constructive weeks, is fine by us.

The FOMC is meeting this week and investors can hardly contain their euphoric bliss. In-the-know pundits are already factoring in a rate cut next month and more before the end of the year. The market rallied strongly yesterday as it salivated over the prospect.

This stock gets crushed on earnings.