Guest Post: Market Looks Toppy and A Closer Look At The Dow

Guest Post: Market Looks Toppy and A Closer Look At The Dow

By Adam Sarhan, Contributor, SarhanCapital.com Market Looks Toppy and A Closer Look At The Dow The market is getting weaker, not stronger. We are continuing to see more and more deterioration occurring as the major indices look toppy up here. The tape continues to break down. The bull market is over 6.5 years old and…

Changes!
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Changes!

While major indices continue to disappoint on the upside and downside: Cable companies are breaking down and breaking down badly. This also includes the many media companies that have already been in bear markets like CBS and VIAB. Recession-resistant, defensive companies are now showing up all over our screens. Food, drugs, beverages, tobacco and household…