Some Honey For The Bears

Managing Partner at Tim Knight Organization • May 8, 2023 at 1:59 AM EDT

Here are a set of important cash markets in which, even with Friday’s mega-rally, the bearish case is still rock solid.

I did a post yesterday called The Quagmire, which intended to illustrate how stuck the market is. In contrast to those, here are a set of important cash markets in which, even with Friday’s mega-rally, the bearish case is still rock solid. All we need to do is slip below those horizontals.