http://phantasmix.com/signals-are-still-bearish-trimtabs.html?utm_source=rss&utm_medium=rss&utm_campaign=signals-are-still-bearish-trimtabs Trading stocks and options -- contact @ phantasmix.com Mon, 19 Mar 2012 04:47:39 +0000 hourly 1 http://wordpress.org/?v=3.3.1 http://phantasmix.com/signals-are-still-bearish-trimtabs.html/comment-page-1#comment-4082 Comp!ete Fri, 19 Jun 2009 21:52:05 +0000 http://www.phantasmix.com/?p=2982#comment-4082 I expect $SPX to trade in the 800 range until the Fall. The propaganda machine cannot keep pumping forward earnings expectations without some REAL data to materialize that suggests that a REAL turnaround has been taking place. The wait and hope approach/trade that has been buoying share prices can only last so long. Investors have patience, but that can wear thin. The inflation trade is still too early. It takes quite a long time for finished goods to reflect the inflation of raw commodities. Pricing power is very weak right now and will show itself in earnings to come. I expect $SPX to trade in the 800 range until the Fall. The propaganda machine cannot keep pumping forward earnings expectations without some REAL data to materialize that suggests that a REAL turnaround has been taking place. The wait and hope approach/trade that has been buoying share prices can only last so long. Investors have patience, but that can wear thin. The inflation trade is still too early. It takes quite a long time for finished goods to reflect the inflation of raw commodities. Pricing power is very weak right now and will show itself in earnings to come.

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