The stock market continues to hold up…and it might (repeat, MIGHT) be able to keep doing this until the midterm election. However, more and more negative developments are raising their ugly heads…and it is shocking to see how Wall Street continues to be very complacent despite these developments.
This does not necessarily mean that a bear market will begin before the year is over, but it does mean that the odds of a deep correction are higher than they have been in a very long time.
Today, we’ll discuss why the stock market is becoming much more vulnerable than the consensus on Wall Street is thinking right now, BUT we’ll also discuss some of the stocks which could/should outperform over the near-term if the equity market can remained buoyed over the next few weeks.