WEEKLY MARKET DIGEST: TROUBLING PATTERN IN STOCKS, GOLD FALLS UNDER $1300 $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. ) TROUBLING PATTERN IN STOCKS March 28, 2014 Lately the stock market sees a lot of buying in the morning and selling in the afternoon. This is a troubling pattern because morning buying is traditionally attributed to retail buyers and foreign buyers. The U. S. based institutions typically act in the afternoon. In our back tests, depending upon other conditions, this pattern correctly forecasts a correction 60% to 75% of the time. It is important to