This Week In Stocks - July 1

Our analysis of the S&P 500 is for stocks to continue their move lower. We believe that the SPX is in the declining phase of its current market cycle. It will likely continue this move, with 2670 as as a conservative projection. A break below the 2677 level would be a break below where SPX began the cycle. This would be a bearish signal, depending of course on the extent of the breakdown.

Disclaimer: So many commentators talk about a stock market crash, bust or boom just to make it exciting. Slim looks at things very differently, applying his unique cycle analysis to nearly 400 widely ...

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