"This rally is not fundamentally backed. Instead what we are seeing is a bunch of people getting swung around and now they are chasing stocks higher," says Tom Essaye, founder of The Sevens Report. ... read whole article

Related Links

  1. Trump's Fed pick Shelton says she doesn't want to 'pull the rug out' from under the stock market
  2. What stock market investors need to know about intensifying U.S.-Iran tensions - MarketWatch
  3. Investors aren't prepared to weather a devastating summer stock market tornado
  4. Stock market edges lower after weak U.S. data as investors await Fed’s Powell
  5. Gold and Treasuries surge as the escalating trade war sends investors fleeing from the stock market
  6. Where Can Investors Find Value in a Long Bull Market? Here Are Our 10 Stock Picks for 2020.
  7. It Was a Lost Decade for China’s Stock Market, but Investors Bet on Better Times Ahead - Wall Street Journal
  8. Tech investors are buying the dip, even as trade concerns unsettle the overall stock market
  9. Stock Market Today: General Electric to $5?; BlackBerry Comeback
  10. Fearing stock market rout, investors seek shelter in dependable dividends