The eight down days in the Dow Industrials since the July 20th high was enough to cause many analysts to question the validity of the rally from the late June lows. Their focus had turned to the historically weak performance of stocks in August. According to AAII the bullish % of individual investors has declined for four weeks in a row. A Seeking Alpha survey before Friday's job report indicated that only 3.5% were looking for big gains in employment while 27.9% were expecting a "downside surpr...
The eight down days in the Dow Industrials since the July 20th high was enough to cause many analysts to question the validity of the rally from the late June lows. Their focus had turned to the historically weak performance of stocks in August. According to AAII the bullish % of individual investors has declined for four weeks in a row. A Seeking Alpha survey before Friday's job report indicated that only 3.5% were looking for big gains in employment while 27.9% were expecting a "downside surpr...
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