It may not seem like it, but the market basically stopped falling way back June 16th. Since this, it’s been a grind-it-out, can’t-make-up-its-mind,, ghastly bore. I am highly confident that the quartet of monster economic reports coming out over the coming week, as well as the looming earnings season, will snap it out of its funk. I also wanted to point out, by way of the “percentage of stocks above their 15-day moving average” chart, that the over-sold nature of the market is a thing of the past.
