On Wednesday I was over at the Fox Business studios chatting with David Asman and Liz Claman about the US Stock Market. As you guys know I’ve been pretty bearish since the summer. The brief new highs in the S&P500 and Dow Jones Industrial Average last month didn’t tell the whole story. Very few stocks made new highs and most of the averages had already been rolling over. In this segment we went over a few of the indicators that had made us bearish and what’s happened since then to make me think stocks are heading even lower.
Here’s the video in full:
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Tags: $SPY $IWM $IWC $MDY $HYG $TLT $XLY $XLP