As the S&P 500 is nearing the “top end of its range,” two courses of action could take place. The US large cap benchmark could stall and mean revert, or – to the delight of market bulls – it could mean a Stock market breakout. BCA Research is in the latter camp, thinking a “playable breakout looks increasingly probable,” but “the exact timing is difficult.” Stock market breakout – Goldilocks moment? In active trading, it is not just getting a market call correct that matters. The timing of a prediction is critical and sometimes considered a more difficult component of…
BCA Says Runway Clear For Stock Market Breakout To Upside, But Watch Yields Closely
Mark Melin
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.