(1) Awful close. (2) Ugly technical picture. (3) Not too late to sell, or buying opportunity? (4) The accelerator and the brakes analogy. (5) Analysts remain bullish on S&P 500 revenues! (6) Earnings outlook remains upbeat according to analysts. (7) Investors seeing more trick than treat in earnings outlook. (8) Forward P/Es fall to fair value around 15 for S&P 500/400/600. (9) Uncivil war. (10) Cyclicals lead the way down on prices and up on analysts’ earnings expectations. (11) Back to the future.
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