Curent Cyclical Rally Entering Rarefied Air, Heightening Chances of Another Bad Ending, Though Timing Still Unknown
I’ve touched on this statistical subject a few times in the past and wanted to give an update on it. Last July we had this post showing the length of cyclical/secular rallies through history on the Dow. More recently we…...
“Those Five-Year Highs…You Will Never, Ever In Your Life See Those Highs Again”
So said Jeff Macke in this piece on Yahoo Finance from Friday re: MSFT and its disappointing earnings results, which sent the stock down ~10% that day to ~$31. But, in looking at the long-term MSFT chart, does last Friday’s…...