Daily Note

Is M&A A Good Thing Right Now?

Sep 14, 2020

Thomas Thornton

  • Is M&A a good thing?  We typically see M&A pick up at bottoms and tops
  • I have some thoughts on the mergers rumored and a couple of the acquisitions announced this weekend
  • The market could be starting a five wave down pattern as the wave personalities are checking all the boxes
  • Barron's had one of the best covers this weekend that I would call denial
  • The Smart Money Index is showing late-day selling again and that's bearish
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