Especially after such a huge run in stocks and with the "buy the dippers" still pounding the table.

If stocks were in the tank and you could not give them away, we would be looking for green shoots to justify upping investment positions.   That is a long way off, in our opinion. Trading decisions are a different story, however.

Just take a look at the monthly S&P chart.  It looks like we are in a speed wobble in a topping and overbought market which could easily flip us over the handlebars.

China Will Target The Stock Market

In addition to the nuclear option of using its portfolio of U.S. Treasury securities to retaliate against trade tariffs, we believe the Chinese government could target the U.S. stock market.

We wrote last week how the U.S. is in a weaker negotiating position as the result of increased market volatility.