The market is trading on macro factors at the moment, says Greg Goodsell, equity strategist at RBS, speaking to Jeremy Hook, investment director at TMS Capital and CNBC’s Oriel Morrison.
LOOKING FOR LEADING STOCKS? WHY NOT TRY FINDLEADINGSTOCKS.COM? As of Thursday’s close, the SPX is less than 2% below its all-time high. No question it was an ugly day but a look beneath the hood might suggest it is not as bad as it seems- yet. Earlier today I was quoted in WSJ’s lead story…
LIKE THIS Post? JOIN OUR FREE NEWSLETTER How To Navigate The Unknown: I can’t tell you what will happen this weekend or how the market will react on Monday (no one can)- but I can tell you that barring some unforeseen event, the tape remains strong right now. Since fear is elevated and many people are…
Here is The Intra-Week Update That Was Sent on Wednesday – The EXACT Low of the week. Market Update: Barring another wave of massive selling, it appears the market is trying to put in a near term low today and it looks like stocks are ready to bounce from their deeply oversold levels. So far,…
Following excerpt explains it all: But doesn’t money growth produce inflation? Normally, yes, but it has to go somewhere for that to happen. He says, “You miss the circulation effects as the money moves between buyer and seller, saver and spender, three or four times. [Now] it just stays in the bank.” Full Article: Barron’s:…
Join Our Free Newsletter Here How You Can Profit From Short Sellers: Last week, I wrote a piece that discussed the concept of short covering- here. As a quick review, short sellers are people who profit when stocks fall and short covering occurs when the short sellers exit their positions. In order to exit their…