Category: sentiment
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Quick Thought: The Commodity Bounce
Many broken commodity plays, like the ag sector, have made big bounces today (as of 11:35 AM ET). Keep an eye on volume. One of two things is going to happen: 1. A low volume bounce which will be a “dead cat” signal. If this happens I will intitiate shorts…
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Market Notes: Are We Oversold?
I am still finding this market tough to trade. I have no problem trading in bear markets, but my issue right now is that we are oversold, but not that oversold. So it’s tough to initiate longs or shorts. If I do decide to trade, it will most likely be…
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If You Feel Like Throwing up, Go Against Your Better Judgment
I subscribe to the theory that when things are at their worst, when you have that knot in your stomach that makes you want to throw up, and you feel like there’s nothing but gloom ahead, that is the time to do the opposite of what your emotions are telling…
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Was The Market Reacting To Greenspan?
If yesterday’s dip truly was a reaction to Greenspan’s China comments, rather than a more natural need for a correction, I think we are going to see the garden variety one day big dip I spoke of last night, followed by a resumption of the prevailing trend. Barry Ritholtz lays…
Paul J Singh 