Tagged: bear market rally

Rally mode? 2

Rally mode?

We got our new low this morning, tested it at Fed time, then reversed strongly upwards. This could be the start of the much-anticipated countertrend rally. – I’m all hedged up, maybe even a...

Valuation still matters 9

Valuation still matters

Many great traders could care less, but investors need value, and there has been none in the US stock market as a whole since about the early 1990s, and no great value since about...

A toppy-looking week 10

A toppy-looking week

Well, the reflation trade has managed to hold on for a few more days and even reached new heights, but the case for a pullback is looking that much better. Precious metals, non-dollar and...

Trading sardines vs. eating sardines 25

Trading sardines vs. eating sardines

I have no strong opinion on near term market direction. I was prepared for this little downward correction, as for the larger bounce off 666 on the S&P500, but am highly ambivalent about where...