As investors and traders head into the long Memorial Day weekend the S&P 500 is once again close to the April highs and the widely watched 2100 area. This is despite the raft of negative headlines that filled my inbox this week, including: The Market Is In For A Shock, A Market Under Pressure, Prepare For A Recession and The Recent Rally May Be A Head Fake. It appears that many hedge funds and banks are short the stock market as they are looking for another rally failure. In last week's column "...
As investors and traders head into the long Memorial Day weekend the S&P 500 is once again close to the April highs and the widely watched 2100 area. This is despite the raft of negative headlines that filled my inbox this week, including: The Market Is In For A Shock, A Market Under Pressure, Prepare For A Recession and The Recent Rally May Be A Head Fake. It appears that many hedge funds and banks are short the stock market as they are looking for another rally failure. In last week's column "...
Share this Article
Comment on this Article
Recommended
Please to comment