James "Rev Shark" DePorre
Recent Articles By The Author
The market is largely held hostage to the news flow that emerges from these talks next week.
This combination of macro uncertainty combined with a market under technical pressure is going to make it very tough for the bulls to make progress.
The ISM disappointment appears to be digested fairly well right now but keep an eye on the intraday lows.
Thinking of the market as going through a rolling correction with various sectors experiencing bear markets at different times gives the action a different character than if you think of it as a single entity.
The action under the surface in individual stocks has been covered up by the indices, which have held up; not anymore.