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BAML: Bear Capitulation!

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Mark Melin
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Mark the date 7/11/2016 in your historical calendar. This was the day bears threw up their hands and capitulated, Bank of America Merrill Lynch notes in a July 14 report. But will it hold into the US presidential election?

BAML 7 15 asset flows

Brexit? What Brexit?

With the stock market breaching new highs, climbing after the Brexit scare turned out to be a short-term false c`oncern as has been aptly predicted, are we headed for a good old fashioned summer rally?

Consider for a moment the potential negativity in addition to the Brexit wall of fear. With negative interest rates a concern to many market structure analysts, the prospect of a Wall-building,...

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Mark Melin is an alternative investment practitioner whose specialty is recognizing the impact of beta market environment on a technical trading strategy. A portfolio and industry consultant, wrote or edited three books including High Performance Managed Futures (Wiley 2010) and The Chicago Board of Trade’s Handbook of Futures and Options (McGraw-Hill 2008) and taught a course at Northwestern University's executive education program.