On any weekday ending with "y" (my own T/A), I can show you some Guru who's pushing his T/A making the case and "proving" with out a doubt that the markets are about to correct, crash, implode or totally self destruct and set us back 75 years.
Only problem is....it doesn't happen.......Why not?
With the markets at near highs, the economy a mess, unemployment figures being rigged, Russia, China, Iran and North Korea all threatening their regions and a Presidential election that borders on the insane, everyone is jittery.
SO, what's missing?
A catalyst!
EVERYONE is expecting blow out 3Q earnings which now appears WILL NOT happen. Will poor earnings be the catalyst?
For sure, I don't know, BUT it is, after all, October.