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Tuesday 9 July 2013

Stock Market Analysis 9 July 2013

S&P 500 should still stay above 1650 today but we'll only trade if there's a strong sell signal for now
S&P opened higher for the 4th day in a row
It can't keep going up without taking a break
It's better to wait for a correction as the downside risk for the S&P 500 is very high even when it keeps going up
Even other fund managers agree to that too
http://etfdailynews.com/2013/07/09/downside-risks-rising-for-u-s-stocks-is-it-time-to-sell/

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