Is A Stealth Liquidation In Stocks Underway? | Seeking Alpha
Eric Parnell has written an outstanding article on why we need to be cautious in the stock market. While it is true that large caps seem to be making new highs quite often, Eric believes that trouble is brewing under the surface. For example, different asset classes are going down along with weak stock sectors. Government bonds (TLT) usually are bought when stocks go down. However, Eric pointed out that it looks like we have a liquidation scenario where investors are hoarding cash instead. So, we need to be cautious about the stock market. I own mostly large cap stocks and dividend stocks myself, but I am constantly monitoring charts and fundamentals in case I need to exit stocks.
Subscribe to:
Post Comments (Atom)
No comments:
Post a Comment