We wrote about “years ending in ‘7'” earlier this year. The pattern is that these are bad years for the stock market, for the most part. They generally start off fine and rally into the summer or even the fall, and then the wheels fall off. I will try to work up an article with some more specifics on this trend, but I wanted to remind subscribers that this a year to treat breakdowns – especially in the latter part of the year – with respect.
This article was originally published in the 7/7/17 edition of The Option Strategist Newsletter.