Since its tragic inception in 1913, the Federal Reserve has made sure we got plenty of war and bubbles, including more recently the Internet Bubble, the Housing Bubble and now we have the current bull market. Some are calling it ‘the greatest bubble ever.’
When will the bull market collapse? Some say this year, but we’ve heard that every year since the last drop. The doom and gloomers continue to get it wrong. People such as Martin Armstrong, who is predicting the market will double again from here, continues to get it right. The technicals show weaker pullbacks and smaller gains on lower volume. The signs point to a blowoff top and that is attracting a lot of short interest, but many traders have already shorted the market and individual stocks again and again, only to get burned over and over again. The bear remains very hungry.
from CapitalistHQ.com http://ift.tt/2h36tfi