Interpreting the atmospheric conditions of Wall Street and the world.
Important Note Regarding the Stockmarket This Week:
As I wrote in a Commentary last week (“Brokers Eating Crow”), the stockmarket is going to continue the wild swings that began on June 5. The market is desperately trying to get back into bull mode this week and wants to pretend that everything is still smooth sailing ahead. Expect large price swings, especially Thursday and Friday.