At least one timing signal is already saying it is time to sell stocks
Breakfast with Benjamin: One troubling result of Thursday's big stock drop, in which the Dow industrials lost 358 points, or just over 2%, is that the market's oldest timing signal flashed a sell signal.
- The stock market’s oldest timing system started flashing a ‘sell’ signal at Thursday’s close. The dreaded Dow Theory.
- Who and what you can blame for falling oil prices. Iran, OPEC, frackers, China, the Fed
- Speaking of the black stuff, Mexico stands out as oil’s latest casualty. On track for another disappointing year.
- The National Black Chamber of Commerce is no friend of President Obama’s regulatory proposal for financial advisers. ‘Suffocating the system’ from an ‘ivory tower.’
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