Postcard From The Stock Market Bubble
This post is the latest I have written concerning the stock market. For reference, below is a one-year daily chart of the S&P500 through May 15 (with a closing price of 1658.78), indicating both the 50dma and 200dma: (click on chart to enlarge image)(chart courtesy of StockCharts.com; chart creation and annotation by the author) There …