Christopher Carolan on Financial Markets & Lunar Cycles
Stocks have plenty of momentum to push higher.
Subscribe to see the rest of this post.
How many of these rallies are real?
The break out in crude oil is real.
Stocks lag the money pump.
click chart to enlarge
The rally in a number of markets has fallen short of signal trigger levels.
A video discussion inside of the week ahead.
The metals are unable to bounce. They've yet to find their low.
An unconvincing bounce suggests just a few sessions of sideways to upside before the decline resumes.