As the stock market bounces off oversold levels, do stocks have enough gas left in the tank to challenge summer highs, or are we in a holding pattern until the next leg of the downturn in stock prices begins? In this week’s update, we will discuss our thoughts on the stock market bounce and the correction pattern that we have been in since August. We will also look at the selloff in oil prices, what we believe drove it, and what we see next for energy stocks over the short and long term.
- Be Careful with Short Cover Rallies.
- Everyone WANTS Rates DOWN → Pain Trade Higher?
- Just Remember That Oil Inventories Continue to Plunge…
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