Surveying The Stock Market Battle Lines

The U.S. stock market appears sound following another eventful week. After exploding to new all-time highs on Monday and Tuesday, stocks were turned back at the 1900 level on the S&P 500 Index and finished the week effectively flat from last Friday. But while the stock market uptrend remains firmly intact, signs of erosion continue to accumulate under the surface. And given that it has been an unusually long time since the stock market has endured a meaningful double-digit pullback, it is worthwhile to step back from the daily lens and survey the stock market battlefield from a much broader view in an effort to determine what might be coming in the days, weeks and months ahead.

Please click on the link to read more of my article on Seeking Alpha.

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