Appears we will get an extended 9 month cycle into late August or early September (at least?). But, you can never be sure about what the market will do. We could still get a 5% or more slide next week, so watch for a trigger......
Sunday, August 6, 2017
Weekly outlook for Aug 7, 2017
Corporate earnings looked good for the quarter. Friday's employment numbers were good. But there are also negatives as some 9,000 retail stores are set to close over the net few months (not all of this is Amazon, partially due to very skinny pay increases, or increased debt due to lots of Autos being sold last two years). And auto sales are now flat to down (not a good sign for the economy). STILL the market inches higher.
Appears we will get an extended 9 month cycle into late August or early September (at least?). But, you can never be sure about what the market will do. We could still get a 5% or more slide next week, so watch for a trigger......
GL traders
Appears we will get an extended 9 month cycle into late August or early September (at least?). But, you can never be sure about what the market will do. We could still get a 5% or more slide next week, so watch for a trigger......
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We could still get a 5% or more slide next week, so watch for a trigger......
ReplyDeleteI guess Trump/NK was the trigger