Form "Deserve" to "Most Probably Will Get"
It was exactly a week ago when I wrote that "The U.S. Equity Markets Seem Ready For A Pullback... And Deserve One". I estimated there that the probability for the S&P500 (SPY) to finish 2017 with a negative return is somewhere between 50% to 66.66%.
One week, only five trading days, later - the probability is now higher as there are more signals and more warning signs that keep and/or turn flashing red.
While, just as I wrote a week ago, there's no specific time/date I can point it and say: "This is when it's going to start" I look at 2017 as a whole and determine the most suitable strategy to trade into a year that is looking less and less promising
Equity Markets Are Stalling
It feels like the markets are rallying since the elections but if we take… Read More …