Weekly Market Roundup – “US Equities Vulnerable Short Term But Weakness An Opportunity To Average In”

SC sticking to their defensive yielding blue chip equities theme. Buy the dips is their view with 1370 and 1345 buying zones in their opinion.

Fund flows to fixed income and money market funds as well as the level of bearishness in the market leads me to mirror their view at present.

I’m out of time today as off to the UK tomorrow for a week and New York the week after and the week after back to London.

ll try and comment more meaningfully in the coming days. I’ll maintain business as much as usual during my travels.

I leave the detail to their report to SC to explain.

And here a WF’s global chart run through.

The very best to all.

Rich