Block Out the Noise
I pay more attention to what is being done than what is being said. We can listen and believe in whatever we hear but, at the end of the day, actions are what count most. We see what's done every day by market players, we hear analysts say this or that about company XYZ and we listen to company executives spin a recent quarter or offer up hope for the future. But all of that chatter is meaningless. Show me action instead of words!
The last couple of days may have put the bulls on their heels. There was no dip-buying, increased fear, buying protection (put-call ratio was high both days) and increased volatility. Perhaps investors and traders are getting hit with the reality of the economy slowing down from the blistering pace of 2.2% in the first quarter (insert joke here)....459 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
There’s no substitute for a trading floor to get great ideas, so Jim Cramer created a better one at Real Money and blogs there exclusively. We then added legendary hedge fund manager, Doug Kass, with his exclusive Daily Diary and best investing ideas. Staffed with more than 4 dozen investing pros, money managers, journalists and analysts, Real Money Pro gives you a flood of opinions, analysis and actionable trading advice found nowhere else, and allows you to interact directly with each expert.
Already a Subscriber? Please login.
