Archives for August 2016

August 2016 - Page 23 of 25 - Money Morning - Only the News You Can Profit From

The Three Things That Could Move This Strange "Go-Nowhere" Market

The mid-July, post Brexit run-up has given way to a mild pullback and… wait for it… another sideways box.

For more than two weeks, the S&P 500 has been stuck in an amazing, maddening range of less than 1%.

This is an almost unheard-of level of inaction.

In fact, I went back through 10 years of data and could not find any other occurrences of a two-week range that was this tight.

This is really strange. But the good news is, it can't last.

Here's what I think will happen...