Last week, the major indexes were weak, pulling back from record highs.

No surprise right?  We are in a major pandemic, we have a contested presidential election, the senate hangs in the balance, small businesses are cratering, and unemployment is high.  And market valuations are at nosebleed levels.

So, this week will the market continue to “bounce back” up?  Or will it bust?  My money, regarding the momentum of either of those is on the downside.

I walk through it in this week’s video update: