Trader Brian Kelly doesn’t buy it. He says, “although the momentum is down. I still like this market.” He believes the fundamentals remains in tact. And he points to another reason to remain bullish stocks. “If the economy continues to get weaker the Fed should remain accommodative, positive for stocks, positive for precious metals and negative for dollar,” he says.
Anthony Scaramucci falls in Kelly’s camp. Although he thinks the action into Wednesday'sclose could be sloppy, he believes the market will continue to trend higher.
