At the Mercy of Mood Swings
Did you notice the way the gloom had taken over midweek? We entered the week with nothing but high hopes for markups at the end of the quarter, but after Tuesday and Wednesday the gloom had taken over. On Thursday morning I saw comments such as "here we go again with the morning fade."
Then, of course, by the time the rally was underway midday Thursday we were right back to happy talk. I can honestly say I never remember a market that had so many mood swings within the course of a 2% range in the S&P....381 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.