Wall Street

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ValueWalk

S&P 500 decisively turned around, and declined powerfully. The short entry was well placed, and open profits are likely to grow still before the bottom is reached. What we‘re likely to experience next, is tech-driven brief reprieve, which would help cushion heavy S&P 500 downside temporarily. The stock market downswing hasn‘t run its course though today‘s rising real asset prices would help the bulls temporarily. The dollar of course isn‘t really retreating, and neither the pressure on the Fed to raise, is relenting – yet precious metals keep holding up reasonably well. Is there a quiet money …

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