07-05-2019 21:15
Beware! Massive Correction Looms for This Year’s Roaring S&P 500
By CCN: The S&P 500 (SPX) is up by 18.9% year-to-date and investors are euphoric. According to CNBC, this is the market’s best start in more than three decades. History shows that the S&P 500 has never sustained strong starts. The same CNBC article revealed that in the four years since World War II that the S&P was up by at least 15%, the market ended the year flat or significantly down. Based on our technical analysis, that trend is very likely to continue this year. In this a
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