Staying Neutral
What's most interesting about the market is how it continues to ignore a slew of good reasons to sell off. Not only are we technically extended but there have been plenty of fundamental reasons to worry as well. In fact, leaders in China, England and Europe are so concerned about the economy that they are making moves to prop things up. We did have some better than expected jobs news today, but we'll find out soon enough whether that was just an anomaly.
Probably the biggest positive this market has going for it is how easy it is to make bearish arguments. Even the bulls are underinvested and looking for some consolidation and that is giving us a wall of worry to climb....159 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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