The Week Ahead: Breakout Or Fake Out?

The ability of the S&P 500 to close well above the May 2015 highs has not really diminished the debate over the market's future. The somewhat surreal Republican Convention that seemed to contradict decades of past policy did not seem to impact the stock market. The opinion of the fundamental analysts has seen little change despite the new highs as they continue to believe they are not justified by their analysis. A few of the bears have converted to the bullish camp but most have not as the majo...