s&p just made intermediate term top @ 1326.7

Did the s&p top out @ 1326.7 ?

  • Yes, I agree

    Votes: 63 58.9%

  • No, it will go higher soon

    Votes: 30 28.0%

  • not sure

    Votes: 14 13.1%
  • Total voters
    107
First time i've seen a Fed announcement on a thursday, and right before a patriotic long holiday weekend no less.

Hard to imagine the Fed wording not being conducive to lowering bond yields from the current 5.2% level on the 10 year.
 
Quote from thorn:

First time i've seen a Fed announcement on a thursday, and right before a patriotic long holiday weekend no less.

Hard to imagine the Fed wording not being conducive to lowering bond yields from the current 5.2% level on the 10 year.
More...
 
Quote from thorn:

First time i've seen a Fed announcement on a thursday, and right before a patriotic long holiday weekend no less.

Hard to imagine the Fed wording not being conducive to lowering bond yields from the current 5.2% level on the 10 year.
More...

thorn is never wrong.
 
By popular demand, thorn will enlighten as to his current market views. This is a great dead cat bounce as there were too many shorts before today. The s&p is at the upper end of its range, and thorn sees massive resistance around 1280-1290. But it may take a few more days to wash the wise guy shorts out.

July will be another great month for selling the market.
 
Quote from thorn:

The s&p is at the upper end of its range, and thorn sees massive resistance around 1280-1290.

July will be another great month for selling the market.
More...

Is thorn ever wrong?
 
The s&p is at the upper end of its range, and thorn sees massive resistance around 1280-1290. But it may take a few more days to wash the wise guy shorts out.

July will be another great month for selling the market.
 
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