Layers of Uncertainty Persist
Well, well, well. It looks like the first day of a rally attempt could be upon us. Or, will indices follow standard operating procedure and close lower after early strength like they did last week on Wednesday, Thursday and Friday?
Even if the major averages close higher on Monday, the market's not out of the woods yet -- not by a long shot. This sick market is still is in need of a major shift in sentiment. But what are the catalysts as we head into the summertime -- positive news out of Europe, encouraging U.S. economic data, another Fed intervention? All are significant layers of uncertainty at the moment where good headlines one day could easily be followed up by bad headlines the next....397 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.
