June Stock Market

ooGiven the seasonal weakness, will there be a correction this summer? I will say with complete confidence, there will be an organized global effort to keep that from happening. Given the increased chance of a sell off, central banks will buy with both hands. If that is not enough, focus will change towards allowing a controlled correction. The market will not crash until they lose control.

Retail brokers are out on a limb sawing themselves off. One of the tools for halting a decline is to slow the order flow. The cooperation in these efforts is almost unfathomable. Basically the retail brokers are getting paid in the moment and putting their long term viability in jeopardy. The customers they are burning will be gone for ever.

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