On Monday, Liz, David and I discussed the S&p500 while looking at both structural and shorter-term trends. I’m not sure where the bear market headline came from because I think it’s a bit too early to call for such a correction. But I do think the stock market continues to struggle through the third quarter, at least from where we sit today. The 4th chart is a composite of 3 cycles where we combine the 1-year seasonal trends, the 4-year Presidential Cycle and Decennial Pattern. Our composite also suggests a tough market through Q3 but points to a very positive fourth quarter.
Here is the full clip:
Tags: $SPY $SPX $ES_F $TLT $HYG