Investing to Wealth

Profit-takers hit Wall Street today: Traders were happy to take off risk going into the weekend. The downside catalyst today was the bank as JPMorgan’s (JPM) CEO Jamie Dimon said that March had been a tough month for the company. Other than that today was uneventful. The market has made a huge move over the past few weeks so profit-taking should be seen as a good sign. I was actually surprised we weren’t down more today. Earlier morning breadth was nasty and the S&P seemed like it had eyes for its 50-day moving average. The S&P closed trading today ...