Stock market is very overbought … but also very bullish
Is 2015 style plunge in stocks possible today?
Junk bonds at all-time highs is confirming the move up in stocks
Investment-grade bonds and Treasuries surging
Defensive posture is now more pronounced in the stock markets as Utilities, REITs, Health Care and Consumer Staples approach all-time highs | Industrials, Technology, Cyclicals and Financials stall at all-time highs
Gold and dollar both moving higher – something has to give soon | Gold miners either rolling over … or getting ready for another leg up |
Oil goes nowhere for 11th week in a row | Energy ETF (XLE) is showing troubling divergences and may indicate more downside for oil
Natural gas may be headed for a retest of its 2016 breakout level
Watch this video on YouTube here: youtu.be/_j0PNr60bME
Market Recap: February 24, 2017 - SPY DIA QQQ IWM XLK XLY XLI XLV XLF XLE XLU IYR JNK TLT LQD UUP GLD GDX USO UNG
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7/10/2020 05:01:26 am
Hi. Great comment. I don’t have all the answers. My thoughts are as follows:
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