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S&P 500
5,509.01
(
0.62%
)
US TECH 100
19,490.00
(
0.06%
)
Dow Jones
39,331.85
(
0.41%
)
Brent Oil
86.20
(
-0.29%
)
Bitcoin
60,199.88
(
-2.95%
)
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TREND1

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Re: None

Friday, 03/31/2017 11:36:30 AM

Friday, March 31, 2017 11:36:30 AM

Post# of 17387
Is One Week of Risk-On Enough? by ART HILL

Stocks caught a big bid this week as Treasury bonds fell. We also saw money moving into oil and industrial metals as gold fell back. Overall it was a clear risk-on week for the markets. Even though I see a reversal in oil and resistance in bonds, I have my doubts on this return to risk in the stock market.

I moved to the correction camp a week ago Wednesday and I remain in that camp.

Note that I am NOT calling a top and I am certainly not turning long-term bearish on stocks.

I am simply staying in the correction camp for the S&P 500.

MAIN BOARD http://investorshub.advfn.com/TRADING-3X-TNA-TQQQ-SPXL-RUS-2000-FUTURES-12981/

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