The New Developments in the Middle East Have Raised the Risks (Considerably) for the Stock Market

Investor Complacency is Much Too High Given Today's Geopolitical Uncertainty

Table of Contents:

1) We were right about Israel and Iran…and now we’re looking at a different goal for Israel.

2) If the chip stocks can hold up now…and rally more later…it will be very bullish for the broad stock market.

3) The bank stocks stand at a key technical juncture. Will deregulation allow them to breakout?

4) Commodity prices are on the verge of an upside breakout. What will this mean for inflation?

5) Crude oil stands at a key juncture as well. It’s very close to a key change in trend.

6) Will investors demand higher yields for US Treasuries…even if the risk of default is very low?

7) Updating the charts on the major stock indices.

8) Gold is on the verge of yet another breakout move.

9) The dollar is skating on thin ice.

10) Summary of our current stance…..The risks today are much higher than the potential rewards.