Saturday, August 29, 2015

Updated Charts

Here's the beginning of a few updated charts that I promised you last week.  These charts are from Stockcharts.com.



As posted last week, the weight of the evidence that we see does not indicate at this junction that the longer term bull market we've experienced since 2009 has ended.  However. on Monday I'll show you why probability suggests we may not repeat this same pattern of "V" shaped recoveries in the same manner going forward.

*Long ETFs related to the S&P 500 in client and personal accounts.  Please note these positions can change at any time without notice to our readers.