- Just to note character change of market...above is a chart of the NYSE Index. Look at the left 3/4's of the chart and then compare it to the right 1/4 of the chart. Recent price action has suddenly become very gappy which is highly unusual for this broad an index and demonstrates the hairpin reversals happening overnight.
- Below SP500 has recently corrected down to the 50ma and bounced. It has continued solidly above the 90ma since DEC 2011.
- Hasn't been much to add lately. Been spending more time with bonds recently.
- Reminder...Operation Twist to end in JUN. Stock market has not performed well after prior QE events shut down. But, this is an election year which usually tends upward.
- So many but(t)s.....
The Be-All / End-All “Chicken Little” Advertorial: When It’s All You Got,
You. Still. Have. Nothing.
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Or is this an indicator that folks promulgating the ‘industry
disinformation’ accusation have figured out they are in a hole they cannot
dig their way out ...
55 minutes ago