Wall Street Keeps Saying ‘1999’—But the Market’s Internals Tell a Different Story
Three strategists see a blow-off setup, but tops form slowly. Breadth isn’t expanding, the Dow is bleeding, and key sectors aren’t confirming.
Three strategists see a blow-off setup, but tops form slowly. Breadth isn’t expanding, the Dow is bleeding, and key sectors aren’t confirming.
Although there was some panic this morning, stocks reversed to close over S&P 500 6800 again. But the either/or market remains intact.