Market Deciding Whether to Break Up or Down
Expect an end of the year rally into the beginning of next year.
Source: thestreet.com
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Expect an end of the year rally into the beginning of next year.
Sentiment has shifted quite a bit in the last few days, but it has yet to show up in any of the indicators.
Let's check sentiment, why you shouldn't trust any bounce from the producer price index number, and what the heck is up with those put/call ratios?
Despite the newfound focus on the Dow Jones Industrial Average last week, it turns out we may be seeing the last gasp of outperformance here.
Everyone knows it's fall. Now that that's out of the way, let's look at breadth, new highs, and more.