At present, the sole driver of market momentum is speculative fervour.|
Dear Reader, The latest valuation table published by Ned Davis Research shows the US market flashing RED! There is absolutely NO value to be found in the US market. Fundamentals are being ignored. At present, the sole driver of market momentum is speculative fervour. Trying to gauge just when the next big gap down will be…and how far it will go…is difficult. Will it be a historic crash? Or will it be another rallying call for the ‘buy the dippers’? Either way, you’ll want to consider putting this in place BEFORE it happens. Regards, |
| Vern Gowdie,
Editor, The Gowdie Letter |
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