Above The 40 – An Unenthusiastic Rebound For The Stock Market From Stretched Conditions
September 16, 2018 at 13:44 PM EDT
I flipped cautiously bullish last week. As I suspected, the prospects for a bounce were not as good as the previous time the stock market was similarly over-stretched. The S&P 500 gained 1.1% in a week of choppy, slow-motion, trading action.