From Jeff Clark in Growth Stock Wire:

It's hard to stay bearish.

Everything I look at tells me it's right to stay on the short side of the market. But it's been that way for six weeks, and so far it hasn't worked.

It hasn't worked to be bullish, though, either.

Anyone who turned bullish back in early May is suffering the same frustration. The S&P 500 closed at 919 last Friday. That's where it was six weeks ago. So stocks haven't lost or gained any ground.

It's the investor equivalent of purgatory.

At the risk of pressing my bet too far, I'll share with you this updated chart of the S&P 500...

Read full article...

More from Jeff Clark:

Jeff Clark's favorite gold stock right now

Another MAJOR stock market sell signal

The only three "buys" in the entire market