Broker/Dealer Index
Oct
07
2015
Stock Market Observations
The August market break did not emerge from out of the blue. The foundation for the bear case was put in place many months before those four ugly days in late August.
Jun
06
2014
Transports Still Leading - Market Top Not Imminent
While stock market action YTD has not been quite as “uniform,” the hallmarks of an imminent bull market top are simply not present. The bullish portents apply to intermediate term results, however, they cannot rule out any short-term setbacks (which can appear with no tip-off from breadth or leadership measures).