Tuesday, January 24, 2017

Axios bearish

Axios calling a top here.

The smart money on Wall Street agrees: The Wall Street Journal reports that big-bank executives have sold close to $100 million worth of stock since the election. If the likes of Morgan Stanley's James Gorman are exiting the market, perhaps you should too.

1 comment:

John said...

Isn't this one of Mike's contrary indicators? If the BIG BOYS are doing something, you should invariably do the opposite! Market rally then...