The Day Ahead: An Exceptionally Odd Market
By no stretch of the imagination have I ever thought the stock market was not weird. Even when I started career in financial services in late 2003 -- before subprime loans became all the rage with suspect salesman -- there was this weirdness that stocks always went up no matter what. Maybe I wasn't covering enough companies or didn't know how to connect the dots, but those days of yesteryear were filled with more green than nasty red. I loved green on the screen; it kept the boss from tearing us a new one or ripping a computer from the wall and throwing it 15 feet.
These days, when I visualize the puts and takes to the market, there are any number of reasons for it acting like a weirdo. The problem is that the weirdness is bad for the passive investor -- and it's only good for a trader if they're fully utilizing a range of tools beyond analyzing chart formations, as the Charles Schwab commercial would have viewers believe is possible. By the way, the very reason the market is so weird is because that describes the world, as well....503 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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