Recently, there have been several reasons why we have been stubbornly looking at the markets as overbought and due for a correction/downturn. One issue has been the general complacency of traders as can be seen in the low price of the VIX (Volatility/Fear Gauge)
Beyond...
There have been several articles written of late that explore the highly correlated markets around the world. If you have not noticed, more often than not, when the U.S. market moves lower for the day, major European markets follow along.
Then, in the evening, Asia moves higher/lower and we see pre-market...
Here is a shocker… TrimTabs is warning of a bad number that is coming ….
TrimTabs Estimates U.S. Lost 472,000 Jobs in June, 24% More Than 380,000 in May
Wages & Salaries Dropped 5.8% Y-o-Y in June, Steeper Than May‘s 4.8% Y-o-Y Decline
Sausalito, CA July 1, 2009 TrimTabs Investment...
We have had more pontification pundits these days than Carter has liver pills…..
It seems that almost every 1/2 hour another prediction is coming through by someone talking about the future and the hope of an economy that is showing signs of stabilization. Yet, why so much talk these days?
I mean...
