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JUST ANOTHER TEQUILA SUNRISE

|Includes: AABA, AAPL, AMZN, DBA, DBB, DJP-OLD, EEM, EFA, EPI, EWA, EWC, EWJ, EWZ, FCG, FDN, FXE, FXI, FXY, GLD, IEF, INTC, IWM, IYR, IYZ, JCP, JJG, QQQ, RSX, SLV, SMH, SPDR S&P 500 Trust ETF (SPY), TLT, UGA, UNL, USL, UUP, XHB, XLB, XLE, XLF, XLI, XRT

 
 

And, as the lyric goes; "this old world still looks the same", right? Bulls are still having a fit over an end to QE and nothing articulated from the Fed regarding more tools. Sometimes that's just the way things are. We're stuck in early June without much support from the Fed, earnings news or much in the way of M&A.

As I pointed out a month ago, the then widespread looming monthly DeMark 9s might tell the tale for some trend exhaustion if not a correction...READ MORE




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