I'm not particularly thrilled with the market action the last 2 days. Nasdaq up and the rest of the market down both days is not a great sign for a continued rally. [Reply]
Originally Posted by petegz28:
I'm not particularly thrilled with the market action the last 2 days. Nasdaq up and the rest of the market down both days is not a great sign for a continued rally.
Read in a grain analysis the dollar is as low as it’s been since March no idea what that means. Other than it should be supportive to commodities and it’s not :-)
But it could have an impact. Surely something to watch. [Reply]
Originally Posted by petegz28:
I'm not particularly thrilled with the market action the last 2 days. Nasdaq up and the rest of the market down both days is not a great sign for a continued rally.
Some mild profit taking before another run to DOW 30 before leveling? [Reply]
Originally Posted by lewdog:
Some mild profit taking before another run to DOW 30 before leveling?
WTF are you talking about? It's sector rotation and when you have 2 of the 3 major indexes going in opposite directions it's generally not a good sign. [Reply]
The last week of March, rebalancing seems the likely explanation of the jump of 18% that week.
Volume is lighter now, and stocks are up over 25% since, so a 50/50 fund would theoretically need to shed like 19% of their stocks and move back to bonds. That's a lot of volume and downward pressure.
All that said, I am sure there are some institutions who manage the exchange internally. [Reply]
Originally Posted by petegz28:
Sure you could....tell me how you would know when to buy and sell?? Asking for a friend
Shhhhh.....I don't share secrets.
Originally Posted by petegz28:
WTF are you talking about? It's sector rotation and when you have 2 of the 3 major indexes going in opposite directions it's generally not a good sign.
I am just trying to learn from you, my master. [Reply]