The potential for further consolidation of recent gains is likely.
It was almost nice to be reminded that the saloon doors to the financial markets still swing both ways.
The indices are finally resting, but there is little slowing in speculative energy.
It's one borrower after another crumbling in China's property sector, with the Fed warning for the first time that the situation poses a U.S. threat.
My investing program and process have been boring over the last few months. But I'm being rational in a bubble that grows daily.
Risks are likely to get tossed aside when the shares begin trading, yet those risks become more weighty when buying in at a nosebleed valuation..
But there are several stock on my radar.
Since GE CEO Larry Culp took the reins three years ago his plan has been nothing if not aggressive.
Did anyone else see the semi-annual Financial Stability Report?
Everyone agrees that the market is extended and needs a rest, but this is a market for stock picking, not index timing.