Table of Contents:
1) The upside momentum for the stock market remains intact. This could/should bode well for further gains.
2) The Russell 2000 index stands at a KEY technical juncture. So, it’s next big move will be VERY important.
3) The bond market saw an important breakout last week, but it’s also now quite overbought near-term.
4) Any further rally in the tech stocks (especially the chip names) should be very bullish.
5) The stock market has become the economy…and that’s not good.
6) The situation in the earnings outlook is not anywhere near as bullish as the consensus on the Street is implying.
7) Nice upside move in the crypto market, but it still needs more upside follow through.
8) Crude oil is still poised for a period of surprising outperformance going forward.
9) Call options on the VIX are not the kind of good insurance policy that some investors think it is.
10) Summary of our current stance.
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