Strictly Necessary Cookie should be enabled at all times so that we can save your preferences for cookie settings.
If you disable this cookie, we will not be able to save your preferences. This means that every time you visit this website you will need to enable or disable cookies again.
If coil breaks down, will be Dcl?
it would be too early for DCL, probably just HCL.
Same cool as last summer..
What about comments from Tom Lee, he says that August could be a drama, despite being a big bull.
“Lee observes that going back to 2009, the S&P 500 has fallen an average of 6 percent during the month of August — a stat that jibes well with the “sell in May and go away” line of thinking.
Further, the odds of a slip could be even greater this year, given that “the bond market has become a lot more volatile than equities, and whenever this happens, 68 percent of the time, the stock market falls in the following month.”
This adds up to a “pretty scary” outlook for next month, Lee said. However, after an August slip, Lee expects a fall rip. ”
http://www.cnbc.com/2016/07/26/big-bull-tom-lee-admits-august-scares-us.html
spx rolling over now.. not waiting till August.