Investcraft – The Art of Investing

It looks as though the rally from the March lows have stalled a bit over the last few weeks and the action yesterday looks like distribution, particularly in financials.  The market could see another 5-10% downside and then come back to new highs by year’s end.  There is one caveat though and a few numbers [...]

More on this later, but China cracked on Friday and the US and other “developed” markets including the US followed suit today. Shanghai has been the leader in the bear market rally from the March low, and it has been down over 20% in four consecutive weekly losses. This bodes ill for the US — [...]