Stocks are giving in the ol’ college try for a bounce here, but I continue to see warning signs internally.
For one thing, the Japanese yen is rising - as are bonds, which tells me capital is still seeking refuge in safer areas of the market.
So, there’s room for improvement.
That’s not to say we’re short of opportunities. Setups continue to develop, but they’re not in what you’d call the most bullish sectors.
Here’s what I mean…