This Market's Story Is Uninteresting
It was yet another day of positive but extremely slow action. Volume continues to run at extremely low levels but we have some very stubborn underlying support that is preventing any downside action. While that may make the bulls happy, it sure doesn't create much action for traders.
The story of this market is that the action is fine but there is no volatility and no volume, and that makes it quite uninteresting. The best trading comes when stocks are moving up and down as emotions swirl, but we don't seem to have any of that right now....96 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.