This Week In Stocks - May 20
According to the askSlim Stock Index Report for this week, our analysis of the S&P 500 is for a decline to around 2680 early in the week and then rise back to its previous levels. Overall, we see a roughly unchanged week. In the following week, this week is where we see the most risk, once the declining phase of the current market cycle sets in. In our recent Big Picture Analysis, we argued that a period of risk was approaching in the period of May to July 2018. We did not however expect the Russell to make all time highs during this time. Our analysis that we are entering a period of risk still holds, however we are less bearish than we have have been in the past.
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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