I would advise investor that S&P & NYSE are already in a full-fledged bear market.
For Medium Term, i see the S&P & NYSE continue its cyclical bear market that would see the US S&P 500 hitting 850 pts.
Strategy in next week:-
Short S&P 500 above 1,200 pts. Continue hold the short position till 1,050-1,000 pts.
For Medium Term, i see the S&P & NYSE continue its cyclical bear market that would see the US S&P 500 hitting 850 pts.
Strategy in next week:-
Short S&P 500 above 1,200 pts. Continue hold the short position till 1,050-1,000 pts.
We have had a nice year end rally. I never have seen the stock market perform better considering all the problems going on in the world today.
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