An alternative target of the SP500 would be 1095'ish. Assuming we have an ABC up off the lows of a few days ago...wave A measures roughly 35 points, wave B measures about 20 points and with wave C being equal to wave A, that adds another 35 points off the wave B low brings us to roughly 1095. This would be an objective area to scale into shorts with an appropriate stop.
Lawler: Observations on the Recent Surge in Net International Migration
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Today, in the Calculated Risk Real Estate Newsletter: Lawler: Observations
on the Recent Surge in Net International Migration
A brief excerpt:
NOTE: Hous...
1 hour ago