Junk Bonds Are Signaling a Bearish Move
Junk bonds may be signaling an end to the stock market rally.
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Junk bonds may be signaling an end to the stock market rally.
The action in bank stocks tends to lead the action in the broad stock market – especially during earnings season.
The stock market has a habit of humbling folks who think they’ve figured it out.
Next week could be rough for the stock market…
I’m thinking maybe this time, after three small reactions, the sell-off in the gold sector will be larger.
This condition often leads to at least a short-term decline in the broad stock market.
Whenever this condition exists, the broad stock market is vulnerable to a sharp and sudden decline.
This “widow maker” trade has exceeded my upside target. It’s trading 40% higher than where it was in July. And it’s time to take profits on the trade.
Now that the Fed’s rate cut is out of the way, the dollar is poised for a more significant bounce.