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Strategies & Market Trends : News Links and Chart Links

SPXL 214.97

+2.8%

Nov 25 4:00 PM EST

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Lee Lichterman III

To: Les H who wrote (28090)	8/24/2023 2:19:32 PM
From: Les H	1 Recommendation Read Replies (1) of 29600

Learnings and conclusions from this week’s charts: The market is running to its seasonal script of higher volatility into H2. Correction drivers of rising yields, tech reset, and energy resurgence are sitting at a key juncture and will be important to monitor for the next move. Stocks are extremely stretched vs bonds (relative performance). Markets are pricing in zero chance of recession. Long-term consensus earnings growth estimates are rising again after reaching an all-time low earlier this year. chartstorm.info

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