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  • JEFF SAUT: The Stock Market Will Probably Tank After Obama's State Of The Union

    02/04/2013 6:46:32 AM PST · by blam · 13 replies
    TBI ^ | 2-4-2013 | Joe Weisenthal
    JEFF SAUT: The Stock Market Will Probably Tank After Obama's State Of The Union Joe WeisenthalJanuary 4, 2013 Raymond James strategist Jeff Saut offers his take on where the market is headed next. Today is session 23 in the typical 17- to 25-session duration of a "buying stampede." Such skeins only have one- to three-session pauses or pullbacks before they exhaust themselves on the upside. While a few have lasted for 25 - 30 sessions, it is very rare to have one last for more than 30 sessions. That said, this one feels like it will extend towards the State...