This Week's Highlights
- The list of macro concerns weighing on the market grows heavier with each passing week
- Despite all the mounting reasons to take the market lower, the S&P hasn't even tested supports in the 4200 to 4300 area yet.
- While we continue to wrestle with 4500-4700 resistance, we're focused on underlying trend structure and sector leadership, both of which remain stable.
- We continue to interpret this to mean that the market is comfortable with all the issues. . .