• Lower interest rates/bond yields….after a pronounced tightening cycle…are rarely bullish for the stock market (which is true for the small-cap space as well).  Also, valuation gaps are not a compelling reason to look for a rally…when the valuation readings are as expensive as they are today.
  • Needless to say, this is going to be an extremely important week…with several major tech companies reporting earnings/guidance and the Fed meeting/press conference……Since the Fed has telegraphed their intentions quite well, we still think the issue of earnings guidance will be the key.
You don't have access to this post on The Maley Report at the moment, but if you upgrade your account you'll be able to see the whole thing, as well as all the other posts in the archive! Subscribing only takes a few seconds and will give you immediate access.

This post is for subscribers on the Before the Open and All-Access tiers only

Try 14 Days Free