The Bulls Are Getting Some Relief

When I grew up in Michigan people often would say about the weather, "If you don't like it, just wait 24 hours and it will change." That thinking seems to work well with the stock market lately. The action each day seems to be the opposite of the prior day. It is stormy one minute and the sun is shining the next.

Yesterday, the market gapped up strongly to start the day but then it was doom and gloom into the close, as market pundits discussed Brexit, poor earnings reports and worries that bonds were strong because the economy was so weak. The DJIA barely held support at the March lows. The stage seemed to be set for more selling pressure....189 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.

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