Monday, June 6, 2016

Never Trade An Expectation, Follow the Message of the Market #USStocks

The message in small cap agrees. Playing an expectation, however, can be dangerous. Focused bull opportunities in the S&P 500 and Nasdaq 100 would confirm it. Smart money waits for confirmation.

Headline: US stock market is getting closer to a 'melt up': HSBC

Don't bet on the end of the bull market just yet.

While Wall Street's average yearend target for the S&P 500 is just 2 percent higher than where it closed last week, technical strategists at HSBC Holdings Plc say stocks are poised for a move higher.



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