The market has now rallied to a zone of potential resistance (4200 to 4400). The next few weeks will be a strong litmus test for market. My guess is we roll over…
"Macro / Economy"
Do Upside Gains Easily Outweigh the Downside Risks?
With the S&P 500 some 14% off its lows – trading just below 4200 – at 17.5x fwd PE – what’s the potential upside reward? And do those potential gains outweigh the downside risks?
Stay Patient – Pullback Coming
When prices are rising (as they are today) in a bear market — all too often sentiment will shift prematurely. It’s called a bear-market trap. And I think this is what we are seeing…
Why Bad (Jobs) News Could be Good News
A ‘bad print’ for the number of jobs created (or lost?) over July could actually be good news for stocks. On the other hand, a strong number only amplifies the Fed’s resolve to hike
For a full list of posts from 2017…