The Bulls are Down Exhausted and the Bears are Celebrating – for Now The damage to the market bulls from the trade war’s backfiring leaves the bears emerging out into the open. Yet, the path ahead for the markets is not necessarily clear in the directional bias – both sides have to tread cautiously and (more…)
Note: Our daily “S&P 500 Outlook, Forecast, and Trading plan for Tuesday, 05/14” will be posted around 8:30am EDT, Tuesday. THE GIST (“THE WHAT”) China’s retaliatory move of raising tariffs on $60 billion worth of U.S. imports by as much as 25% sent the S&P 500 index tumbling in its worst day in 2019. Investors sold-off riskier (more…)
