Rally Odds Growing, But Upside Potential Probably Limited

posted in: Derivatives, Equities, Technicals | 0

U.S. stocks have gone 12 straight sessions without even a sliver of a bounce.  About time for a reprieve? Between the December 29th intra-day high and January 15th low, the S&P 500 and Dow Industrials each lost 10.8 percent, the … Continued

Time For Bulls To Put Foot Down Near-Term; Medium- To Long-Term Outlook Dire

posted in: Economy, Equities, Technicals | 0

With 2015 now in the annals of history, the message that came out can be described as mixed at best and bearish at worst. The S&P 500 index fell 0.7 percent last year – essentially flat (Chart 1).  The Nasdaq … Continued