WEEKLY MARKET DIGEST: UNDERSTANDING STOCK MARKET PULLBACK, GOOD DATA FROM EUROPE BUT CHINA GETS WEAKER $GLD $SLV $USO $DIA $SPY $QQQ $TBF $TBT
(The Weekly Digest reproduces the morning capsules made available every morning before the market open in the Real Time Feeds to the paying subscribers. ) UNDERSTANDING STOCK MARKET PULLBACK, GOOD DATA FROM EUROPE BUT CHINA GETS WEAKER August 21, 2015 The U. S. stock market bull has been running for several years. Pulling back and digesting the gains is a normal part of the process. So far nothing has happened outside the parameters of normal volatility. Overnight S&P futures touched 2000. Here are the probabilities of how far this correction may go: Up-move after 1960 – 2000 zone — 20% Up-move