Waiting for the whites of their (oversold) eyes

I received a couple of comments to my last weekend post that it was somewhat lacking in a short-term trading outlook (see 2016: Time to get bearish and go "Zero Hedge"?). As my previous view that the US equity market would grind up until year-end hasn't worked out, it would be appropriate to update the short-term stock market conditions.

Full post at the new website here.