There are only so many ways I can write about the stock market being bearish before even I get tired of it. I know my editor is pushing me every week to come up with a new angle but frankly now is just the time to watch all the groundwork come to fruition.
We are mostly short in the newsletter. We hate financials and think energy is done (for now). Materials are finally getting hit (except for those lovable fertilizer stocks).
That's all I have to say, post column today. Blogger extraordinaire Barry Ritholz ran a black swan toon the other day and I'm going to start looking into that concept for real.
Sleep well, kids.