Look for More Volatility as We Now Enter a Seasonally Tougher Time for the Stock Market
Table of Contents:
1) The action in the Russell 2000 will be critically important going over the next two weeks.
2) This is STILL a VERY narrow rally….so it NEEDS to broaden out.
3) The divergence between the Treasury & stock markets could/should come to a head very soon.
4) We remain bullish on the Aerospace/Defense sector….Breakout time???
5) The energy stocks are on the brink of an upside breakout.
6) A technical review of the charts on the S&P 500 and the NDX Nasdaq 100.
7) Be careful (near-term) on AAPL and GOOGL. They are very close to KEY support levels.
8) Can the XRT retailer ETF breakout?.......ANF is EXTREMELY overbought.
9) Potpourri…..Japan & German are in recession, but their stock markets are at/near record highs!
10) Summary of our current stance.