Friday, December 20, 2013

The “Bull Market Top” Checklist | The Felder Report

The “Bull Market Top” Checklist | The Felder Report

Here is another great Felder Report on why we are near a stock market top.  Nobody can say exactly when the top will be reached.  It could be six months or a year or two years.  We just need to be careful and be ready to exit.  As Jesse showed by charts, the NYSE and Nasdaq summation indexes ($NYSI and $NASI) have been going down for months while the NYSE and Nasdaq price indexes went higher.  This disconnect cannot continue forever.  Sooner or later we will not have enough market breadth to sustain higher moves on the big indexes.
 

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