That was fast. In one day, the market and the media triggered the two indicators discussed in “Stock Market Support Is Fragile – 2 Indicators And 2 Strategies For Success If 2nd Shoe Falls.” All it took was a 326-point drop in the DJIA. The question now is whether to act on the flashing... »
From January’s negative stock market performance comes the pursuit for the answer to “Why?” The search has produced the usual suspects: Overvaluation, reaction to 2013’s high return, long overdue “correction,” and sales/earnings disappointments (actual and/or outlook). Then there are the coincidental events: Fed confirming its taper policy and emerging markets/currencies raising havoc once again.... »
