Quick market update

Posted: April 26, 2016 in Uncategorized

The market is in a high stress topping phase. The top could have been already reached at SP500 2100, but there is a good chance to post all new highs between now and say 15 May.

The company reports came out ok only because they were badly revised down beforehand. Naturally as everybody was negative the market did the reverse (my start of year prediction that the market will do the reverse of what people thinks still works).

Then volatility will take over again.


Leave a Reply

Fill in your details below or click an icon to log in:

WordPress.com Logo

You are commenting using your WordPress.com account. Log Out /  Change )

Twitter picture

You are commenting using your Twitter account. Log Out /  Change )

Facebook photo

You are commenting using your Facebook account. Log Out /  Change )

Connecting to %s