Bearish, Told You So
S&P 500 reversed to the downside, on rising volume – with credit markets confirming. TLT is leading, and tech feels that especially. Right, lower prices in stocks are next as the bear market hasn‘t run the course yet. The next leg down is unfolding, and the Monday discussed pockets of strength still apply. Miners and oil stocks keep rising, of course – precious metals keep pointing higher next (Thursday‘s telegraphed soft patch will be forgotten very soon), copper isn‘t overheated and crude oil with natural gas are acting strong.
I would like to wish you Happy Easter – and if you don’t celebrate it, enjoy the extra time off, away from the markets, with your closest ones.
Thank you for having read today‘s free analysis, which is available in full here at my homesite. There, you can subscribe to the free Monica‘s Insider Club, which features real-time trade calls and intraday updates for all the five publications: Stock Trading Signals, Gold Trading Signals, Oil Trading Signals, Copper Trading Signals and Bitcoin Trading Signals.
Thank you,
Monica Kingsley
Stock Trading Signals
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www.monicakingsley.co
mk@monicakingsley.co
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All essays, research and information represent analyses and opinions of Monica Kingsley that are based on available and latest data. Despite careful research and best efforts, it may prove wrong and be subject to change with or without notice. Monica Kingsley does not guarantee the accuracy or thoroughness of the data or information reported. Her content serves educational purposes and should not be relied upon as advice or construed as providing recommendations of any kind. Futures, stocks and options are financial instruments not suitable for every investor. Please be advised that you invest at your own risk. Monica Kingsley is not a Registered Securities Advisor. By reading her writings, you agree that she will not be held responsible or liable for any decisions you make. Investing, trading and speculating in financial markets may involve high risk of loss. Monica Kingsley may have a short or long position in any securities, including those mentioned in her writings, and may make additional purchases and/or sales of those securities without notice.
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