Friday, May 12, 2017

U.S. stock market outlook on May 12

The market's various signs today are still short-term bearish.

  1. The energy sector is much weaker than both the S&P 500 and oil prices.
  2. Interest rates are under short term downwards pressure as global inflation subsides a little bit.
  3. the U.S. stock market is no long reacting positively to bullish economic news.

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Submitted May 12, 2017 at 04:19PM by markethistory http://ift.tt/2ray8fx

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