Saturday, February 22, 2014

Daily State Of The Markets: Next Move: Blow-Off Or Blow Up? - Seeking Alpha

Daily State Of The Markets: Next Move: Blow-Off Or Blow Up? - Seeking Alpha



This is an outstanding article by David Moenning which illustrates that we are probably at a stock market top.  David presented a triple top S&P 500, Dow and Russell bear charts, and a lone Nasdaq chart that remains bullish.  It looks like the year 2000 all over again.  We definitely need to have our portfolios mostly in defensive stocks right now until we get more visibility about what might happen.



 

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