“Last week, we had the SOX (semiconductor index) falling, and this week, the Nasdaq 100 is leading the way down,” says John Kosar, director of research at Asbury Research in a Reuters interview. “It’s weak price activity, and not the kind of activity associated with a normal, healthy bull market that’s about to go higher.”
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“I have not seen better technical analysis in my 19-year career. John (Kosar, Director Of Research) is objective, clear, experienced, sensible, and accountable. He remains disciplined when markets are schizophrenic and does not hesitate to present contrarian calls even when plenty of seasoned participants are pointing the other way. Accurate macro forecasting is the product of sound fundamental analysis and superior technical analysis, so John’s work is invaluable to me.”
Macroeconomic Strategist, Investment Research Firm, New York