Cyclical Top
Jan
08
2020
Charts Are In The Eye Of The Beholder
After last year’s 30% S&P 500 gain, many strategists are now suggesting that the real melt-up still lies ahead. We think a melt-up has already occurred, and the bulk of it has been booked.
Jun
07
2019
Still Tracing Out A Top
Major market tops are drawn-out processes that can prove costly, and infuriating, to bulls and bears alike. Younger readers might be surprised to know that was true before Twitter.