Wednesday, February 24, 2016

Analyst Warns the Decline in Stocks is Going to Be Sharp

from King World News
With gold surging and oil tumbling nearly 5 percent, today analyst Tom DeMark sounded the alarm bells regarding the recent stock market rally.
A portion of today’s note from Art Cashin: DeMark Says A Stall Here Could Be A Problem – Here’s a bit from Bloomberg:
The Standard & Poor’s 500 Index’s rally will give way to a full-blown retreat should the benchmark gauge lose altitude over the next few days, according to Tom DeMark, the chart analyst who predicted an advance in oil earlier this month.
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