Market Scenarios {An Update}.

Back in February we posted four possible market scenarios.  Here's links to all four:

The Bearish Scenario.

The Bullish possibility.

The two scenarios where we basically trade sideways.

Markets have now traded higher then the prices we illustrated in the charts of those scenarios.  They've now for the most part wiped out their losses from the winter decline.  However, we could still see any of these scenarios we illustrated back then pan out over the rest of the year.   On Monday, in conjunction with the new month, I'll publish a bigger picture view of the S&P 500.  That will give you a better idea on just how far we've come in the past few months.  I'll publish a few more charts of interest next week just to show folks where things currently stand.

And speaking of May, we're going to now enter our "Summer Months" schedule regarding posting.  From now till sometime after Labor Day we'll not write on Friday's unless something comes over the transom.  It's our way of recharging the batteries a bit.

See you next week.

*Long ETFs related to the S&P 500 in client and personal accounts.  Please note that positions can change at anytime without notice here on this blog.