Fade last week's big rally, says Barclays' Barry Knapp, arguing markets aren't properly...


Fade last week's big rally, says Barclays' Barry Knapp, arguing markets aren't properly discounting the fiscal drag ahead. The sequester and the debt ceiling fight are only a handful of weeks away, he reminds. and he looks for a significant move lower in stocks in H1 before a better environment in H2.

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Comments (3)
  • Rousseau SC
    , contributor
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    I am a bear, at least intermediate to long-term, However, this prediction comes from a company that was fined for manipulating the LIBOR so how much do you trust it?
    7 Jan 2013, 05:15 PM Reply Like
  • Hendershott
    , contributor
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    There seems to be a global rally going on. A coordinated global recovery coming?
    7 Jan 2013, 05:36 PM Reply Like
  • Tactical111
    , contributor
    Comments (250) | Send Message
     
    Trend indicators $NYAD ( NYSE Advance/Decline) and $BPNYA ( Percent Bullish NYSE) are custom indicators on http://bit.ly/sMqUSJ are both are bullish as hell right now. They track EVERY stock on a particular index so this is a very valuable Macro tool.
    7 Jan 2013, 06:13 PM Reply Like
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