Stocks are facing a barrage of sell signals as the market’s ‘non-stop euphoric cabaret’ rages on
|01/28/2018||Posted by BusinessMediaguide.Com under General World News||
- A “non-stop euphoric cabaret” of stock sentiment indicators are flashing bearish right now.
- Bank of America Merrill Lynch chief investment strategist Michael Hartnett forecasts that the S&P 500 will decline roughly 6% before the end of the first quarter.
Every week the stock market hits new highs. And every week the number of sell signals grows as conditions get more stretched.
It’s an inevitable result for a scorching-hot equity market that’s enjoying overpoweringly strong sentiment. And it’s something that appears to be largely ignored by investors hungry for even more returns.
For starters, a gauge maintained by <a target="_blank" read more >>>