The "Reset Process" In The Markets Have A Long Way To Go

The Tariff Issue Is Far From The Only One Creating Headwinds For The Markets

Since we have some new readers, we’d just want to reiterate that we always try to provide items from both the bullish side and the bearish side of the bull/bear ledger each week. However, we always let you know which side of the ledger we stand at any given time……Of course, our goal is to be correct, but another one of our goals is to help people look at the markets in a way that they would not normally look at them. So, we like to touch on many different aspects of the markets……..Thank you and enjoy the rest of your weekend!

Table of Contents:

1) The tariff issue is NOT the ONLY important issue that is creating headwinds for the markets today.

2) There is no such thing as a “bull market fair value” and a “bear market fair value.”

3) For Washington DC to keep on the same path it has been on for decades would be disastrous.

4) The HYG high yield ETF is bouncing in a BIG way. How bullish is this for the stock market & economy?

5) This week’s earnings out of Visa could/should be key for the financial stock sector.

6) Updating the major index charts. How much upside potential is out there?

7) A big drop in the VIX is not always as bullish as some people might think.

8) Bitcoin is trying to breakout again. Will it succeed?

9) Potpourri…..Charts on Blackstone (BX), Gold, and Tesla (TSLA).

10) Summary of Our Current Stance…We’re in the middle of a “process” that will take more time.