If the markets can hold their own even after all this disruptions I would be cautiously bearish. It shows market strength and 9/10 times this is correct. I do hold some shorts however my directional longs outweigh them.
LOL! Everyone thinks the Fed will stop raising rates. It must be a bullish thing. The last time everybody was convinced the Fed wouuld stop raising rates was back in June, before the move from the April lows was petering out.
Bearish or not,the market is still hot.But there is some dark cluds in the horizon.This is oil,interest rates and the number of bulls. The number of bulls worries me most. Jones Doe