Posts filed under “Markets”

Where’s the Conviction ?

Volume today is low to modest — certainly, nothing particularly impressive.

Whenever
the markets move significantly in either direction, my kneejerk
response is always the same: Check the volume!.

What we see today is consistent with a mildly oversold bounce, but not a whole lot
more. Given the nasty selloff we saw last week, its certainly not all that
unexpected. I wouldn’t chase this until we see some real conviction,
and a penetration of prior resistance.

With PPI and CPI coming up later this week, we’ll find out how afraid
of inflation fund managers really are. I’d rather stay on the sidelines
until the fog lifts (you can’t send the kid up in that crate in weather like this!)

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Category: Markets, Technical Analysis

Reasons to Be Bearish: Plus Ca Change

Category: Investing, Markets, Psychology

Octagenarian Billionaires

Category: Markets

Next Day Price Action

Category: Markets, Psychology, Trading

SPX after 15% correction

Category: Markets

Waiting for a Better Entry

Category: Markets, Trading

Weather Map Theory Of Global Investing

Category: Investing, Markets, Psychology

Apprenticed Investor: Prepare for Battle

Category: Investing, Markets, Psychology

Bull Market, Showing Some Age, Plods On

Category: Markets

A Charming Couple of Fairy Tales

Category: Economy, Markets