Short Term Stock Market Trend Update

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Here’s an update on the short term trend of the stock market.  When this recent rally kicked off on May 27th, we took a shot at a short-term price target for the S&P 500: For my calculations, I’m saying that this decline began at 1173 on the S&P, and ended at the intra-day low of […]

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Regular readers know that I’ve been anxious – TOO anxious – to short the S&P 500.  The reflation rally was determined to “end when it ends” – and not a moment sooner. Although we are still trading above the magical 200-day moving average, I have to believe that the odds are that the current trend […]

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