The Bear Growls for Thursday –
We have written in the past on a notable tendency of the stock markets to reverse course on or about the cardinal points of the year, that being the two solstices and two equinoxes.
The Bear Growls for Thursday –
Equity markets failed to stay above the February 24 lows on the rally attempt, thus producing a failed or false move. As we said in last week’s Bear Growls, “Re-establishing price above that February 24 low that sticks would add to the bull case.
