The stock market can still whipsaw to the upside as it did in late 2012, but evidence that
it could well be rolling over is accumulating. SPX I prefer the weekly chart, but since it
was a bit tardy with signals over the last half of 2012, I am watching the daily chart now
and will post the weekly and monthly views at week's end. I should mention that my
weekly cyclical fundamental indicator has been edging lower as February has proceeded.
I have ended full text posting. Instead, I post investment and related notes in brief, cryptic form. The notes are not intended as advice, but are just notes to myself.
About Me
- Peter Richardson
- Retired chief investment officer and former NYSE firm partner with 50 plus years experience in field as analyst / economist, portfolio manager / trader, and CIO who has superb track record with multi $billion equities and fixed income portfolios. Advanced degrees, CFA. Having done much professional writing as a young guy, I now have a cryptic style. 40 years down on and around The Street confirms: CAVEAT EMPTOR IN SPADES !!!
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