3 Signs That the Stock Market Is Peaking

Posted On April 2, 2019 1:17 pm
By: Steve Smith

The major indices have rebounded some 20% from their December lows and now stand less than 2% from all-time highs. But, several indicators, from economic data to investor sentiment suggest stocks may be heading for a fall.

While it’s hard to say, there’s anything bearish about the dramatic 13% year to date returns, which are the best first quarter performance in six years. There are some warning flags that the rally may not only be running out of steam but are due for a major correction.

For starters, we are seeing a…

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About author

Steve Smith

Steve Smith have been involved in all facets of the investment industry in a variety of roles ranging from speculator, educator, manager and advisor. This has taken him from the trading floors of Chicago to hedge funds on Wall Street to the world online. From 1987 to 1996, he served as a market maker at the Chicago Board of Options Exchange (CBOE) and Chicago Board of Trade (CBOT). From 1997 to 2007, he was a Senior Columnist and Managing Editor for TheStreet.com, handling their Option Alert and Short Report newsletters. The Option Alert was awarded the MIN “best business newsletter” in 2006. From 2009 to 2013, Smith was a Senior Columnist and Managing Editor for Minyanville’s OptionSmith newsletter, as well as a Risk Manager Consultant for New Vernon Capital LLC. Smith acted as an advisor to build models and option strategies to reduce portfolio exposure and enhance returns for the four main funds. Since 2015, he has worked for Adam Mesh Trading Group. There, he has managed Options360 and Earning 360, been co-leader of Option Academy, and contributed to The Option Specialist website.