This looks like a market pricing in a recession/policy mistake.
The short answer is a rough patch, especially if the housing market takes a serious tumble.
Earnings season kicks off in about 10 days. It does not look to the plain eye that analysts are ready.
Major selloffs in recent years were accompanied by Fed cuts and market bottoms, but this time is different.
Here's what we need to get a bigger rally.
Such bounces seemingly have been the norm for a while, but circumstances this time are quite different than any time since 2008-2009.
Something tells me there will plenty of 'Black Friday' bargains to be had this year.
The biggest problem is that it is impossible to accurately discount what the future may hold because it is so uncertain.
Here's why we should pay attention to the 30-Year U.S. Treasury Index, the transports, and, wait for it, ARKK.
The action is not easy to game.