Before the market will rally, we will have to see

 

 

 

 

 

  • Massive insider buying.  I have written several times about the lack of it.
  • Major corporate buybacks or dividends.  For example, Apple could change the dynamics by splitting the stock 10 for 1 and pay a $25 billion dividend.  It would have to be many more than Apple.
  • Step up in takeover activity.  We need to see the prices validated with takeovers.
  • End of the gross excesses in the IPO market that values social media companies at absurd levels.
  • Some good policy moves by the Obama administration.  For example free domestic energy exploration with tax incentives instead of threatening the end of tax breaks for oil and gas companies.