Stock market bulls received more breathing room after the S&P 500 pushed higher for the second week in a row (+1.6%). After the market gave back gains in trading action on Friday, it will be interesting to see how much gas stocks have next week.
Balancing our desire to “play along” (emotions) with sound risk management is key. This could be relief rally that gives way to another leg lower… or it could be the start of a broader rally.
It pays to have an open mind when trading. It gives us the ability to overcome emotion and increase or decrease exposure as price action permits.
As I said last week: “…there aren’t any free rides, and no one knows for sure if a stock market bottom is in.”
This week, we’ll keep on grinding it out with some excellent research and market insights.
TRADING INSIGHTS
The Gold to Dollar ratio is at an important juncture – Chris Kimble
The popular 2011 S&P 500 analog is wrong – Peter Brandt
Hedge Funds are getting ready for armageddon – Business Insider
The Pain Trade is Higher – David Fabian
Byron Wien’s latest market commentary – Blackstone
Emotional Selling has tripled so far this year – Gavekal Capital
One market indicator signaling more pain in 2016 – Michael Lebowitz
Inflation showing signs of life – Willie Delwiche
A well said piece of wisdom via Steve Burns on Twitter:
What happens if something goes right? – Brian Gilmartin
NEWS, RESEARCH & OPINIONS
Abundance is killing us – Josh Brown
The Courage to Fail – Jesse Felder
February vehicle sales could hit 15 year highs – Calculated Risk
On the Brexit – Credit Writedowns
Investments and the Generation Gap – Columbia ThreadNeedle Investments
A look at Vehicle Miles Traveled – Doug Short
A Stock Market Time Lapse – Jason Leach
The Case of the Century – Slate
Thanks for reading and be sure to check back in next weekend for “Top Trading Links”!
Further reading from Aaron: “The Financial Blogosphere Weighs In“
Twitter: @ATMcharts
Any opinions expressed herein are solely those of the author, and do not in any way represent the views or opinions of any other person or entity.
