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Cory’s Chart Corner
Many will focus the blame of market drawdowns on the tariffs and ignore the fact the SP500 (only a few weeks ago) was trading at 4 std devs above its historical mean…valuation also matters.
The Kobeissi Letter @KobeissiLetterBREAKING: The European Union is preparing further counter measures against newly announced US tariffs of 20%, per CNBC.
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Daily Archives: July 15, 2010
Rally-leg symmetry?
On the weekend our technician was showing me a comparison of the last two counter-trend (up) rallies within the stock market decline year to date, and noted that the most recent rally had already retraced the same amount, suggesting the … Continue reading
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Truth-based jokes are the best
This clip has been around for a while, but worth the 5 minutes for a giggle. Most economists and financial commentators are male. Funny…
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