Revenant

(1) Bull mauled by a grizzly bear. (2) Grizzly technical picture. (3) During current bull market, average stock has done much better than shown by S&P 500. (4) Nifty Nine less nifty last week. (5) Lots of technical wounds. (6) Sentiment is very bearish again, which is bullish. (7) Bloodied, but not buried. (8) Chaos doesn’t have to end badly. (9) Rerating valuation? (10) The bursting of the commodity bubble shouldn’t be as bad as those of other recent bubbles. (11) China’s devaluation worse for other EMs than for US. (12) Europe is wide open for trouble. (13) US is an oasis of tranquility. (14) “The Revenant” (+ +) & “Joy” (+).