The Day Ahead: Putting the Market on the Couch
The stock market has feelings, you know. They are not readily apparent to the majority of the population but, to some, diagnosing the market's inner feelings comes naturally. Day in and day out, emotional outbursts here are supposed to be the norm -- and, when they are not, it raises a red flag.
This is precisely where we enter the new week -- full of the hope and promise that politicians have drug-shot into the veins of the market. In this way, perhaps investors have been profitable through these couple of holiday days free of news conferences. No emotional outbursts were present last week; all we saw was a cool and calm march higher on thin volume that, interestingly, did pick up Friday. It's as if the market is concealing its real feelings and acting in way that assures interested observers that all is fine and dandy. This is a precarious situation, that's for darn sure....456 more words left in this article. To read them, just click below and try Real Money FREE for 14 days.
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