Still Own Equities? It's Not too Late.
This morning the SP 500 is roughly 7% under it's highs. An excellent exit opportunity. Just for comparisons sake at 7% under the highs WTI crude was at $137.64, Natural Gas $14.58, and Gold $1785
Global Markets have unanimously signaled either trend breakdowns or dug deeper into their bear markets See Bovespa -35% from it's highs. International fundamental metrics are generally very negative or deteriorating; from unemployment to trade to GDP to Capital flows. A very different environment from 2014.
The bounce since the dramatic sell off into Monday lows is nominally significant, but it is merely to be expected when a market moves that fast, and relatively no big deal in percent terms.
Note that the INDU and RUS 2000 have a .62 retrace and 50% respectively. Exactly what one would expect.
Pls see previous 2 posts. From Global Markets Trap Beachgoers
" the 2007 bear mkt lasted 474 days, the 2000 bear lasted 930 days, the 1973 selloff lasted 639 days."
Global Markets have unanimously signaled either trend breakdowns or dug deeper into their bear markets See Bovespa -35% from it's highs. International fundamental metrics are generally very negative or deteriorating; from unemployment to trade to GDP to Capital flows. A very different environment from 2014.
The bounce since the dramatic sell off into Monday lows is nominally significant, but it is merely to be expected when a market moves that fast, and relatively no big deal in percent terms.
SP
INDU
RUS
Note that the INDU and RUS 2000 have a .62 retrace and 50% respectively. Exactly what one would expect.
Pls see previous 2 posts. From Global Markets Trap Beachgoers
" the 2007 bear mkt lasted 474 days, the 2000 bear lasted 930 days, the 1973 selloff lasted 639 days."
Comments
Post a Comment