In a recent market colour we advised clients to prepare themselves for an increase in market velocity and the usual volatility that goes with that. Some agreed, some didn't, and that's great, that's what makes the market. We were already looking at one of the worst starts to the year since 1939 and April alone was one of the worst months for the Nasdaq in history, how much crazier could it get out there?

Here's a little graphic of April and May so far to put things in perspective.

Technical IndicatorsTrend Analysis

Penafian