- Bearish pundits have their tails in the air thanks to Time's latest cover which features a bull with a party hat and shades on under the headline, "How Wall Street Won."
- The so-called "magazine cover indicator" has been a favorite of contrarians since print was invented, with Business Week's 1979 "Death of Equities" cover the granddaddy of all bell-ringers.
- Paul Macrae Montgomery is the best collector and recorder around for these incidents, and he says there's an 80% chance the market will top in a month and be lower a year from now. Don't be swayed by the equivocal nature of the article - which says another crash remains possible - it's the graphic image that's of most importance. He reminds Time signalled the epochal March 2009 bottom with its March 10 "Holding On For Dear Life" cover.
- Index ETFs: IVV, SPY, VOO, RWL, SFLA, SSO, UPRO, SDS, SPXU, SH, EPS, RSP, BXUB, BXUC, BXDB, QQQ, QQEW, TQQQ, QID, SQQQ, PSQ, QLD, QQQE, DIA, DDM, UDOW, DXD, SDOW, DOG, IWM, VTWO, EWRS, SRTY, TWM, RWM, TNA, URTY, UWM, TZA, SMLV, TWOK.
Has Time Magazine rung a bell for the top?
From other sites
at Nasdaq.com (Mar 5, 2015)
at Investor's Business Daily (Feb 27, 2015)
at Investor's Business Daily (Jan 30, 2015)
at Nasdaq.com (Jan 30, 2015)
at Nasdaq.com (Jan 22, 2015)
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