On the sidelines, in cash. After earnings season, what will push stocks higher?
Bounce from oversold continues; $AAPL will tell the story
If AAPL closes down on Wednesday after Tuesday night’s earnings release, I suspect the indexes are headed lower again. Strong resistance exists around 102-103. If AAPL can’t make it, can anything?
How long will bounce last? Canada and Chile markets in free fall
In spite of decline on Monday, the bounce from extremely oversold conditions continues. There were only 171 new lows on Monday, compared with over 1600 one day last week.
Are things as bad as the 2008 decline? How about Canada’s stock index:
Or Chile’s:
All world indexes I checked are experiencing BWR declines! Can we blame everything on China?