Maintaining the same outlook for the market - we are in final path of this bear-market rally, and I am already short, awaiting confirmation top is in place. Concern would be if we broke 860.00 on two continues days.....but 850/55 should cap the S&P for now.
Earnings system has been bad for the market...and all my trading indicators is screaming SELL, SELL, SELL, and with Goldman done manipulating both their numbers and the market in order to get the right issue in place, it may be time to look down again.
This is from my CNBC guest hosting from Tuesday morning .....:
Succinct Summation of Weeks Events 10.20.17 - Succinct Summations for the week ending October 20th, 2017 Positives: 1. S&P 500 closed at a new all-time high every day this week. This hasn’t happened ...
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