When the equity markets are involved in a pullback attempt they rarely bottom on a Friday.
Everyone is either calling for a market “top” or a continuation of the trading range market.
Back in the day certain market mavens could move the stock market.
It is our belief we remain in a secular bull market!.
McAvity, who passed away this past weekend, was involved in finance for more than 40 years.
This 1970s song lyric provides some guidance in breaking down recent market moves.
Herb Stein once said, "When I say banana, think 'recession.'" I see nothing on the horizon that will tip the U.S. into a "banana."
Recessions are even more difficult to predict than the stock market and there is no evidence we are about to fall into one.
While markets can certainly do anything, I think the "selling stampede" is over.
It may be simplistic, but the equity markets don't seem to like the presidential candidates.
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