• Uptrend in stocks is broken
• Bonds now in uptrend (good for stocks)
• Still plenty of liquidity
• Volatility picks up (good for trading)

Yesterdays 3.5% drop in the S&P index took out 3 months of gains and left the index down 1.4% for the year. Trends in equities are sideways at best, and may within the next two weeks turn down.

Read the Bull Bear Review (PDF) >>>

Posted by Michael Chapman at 9:11 PM PST