"Basing stock market investments on real numbers or real trends of any kind today is a total waste of time." That makes more sense than what brokers are saying.
michaelD
· 1 month ago
its, at best, a traders market. there are way too many exogenous forces at play manipulating things, not the least of which is the FOMC and GS. for now, the equities seem to be moving in concert with the dollar ... either against the euro or simply following the /dx futures.
of course you realize from the banksters perspective, and that of many [selfish] investors, that the problem with unemployment is that its too low
casualobserver
· 1 month ago
Say what you want....I'm well above MCSI World on my overweight to materials and mfg, underweight to financials except for my Chinese and India bank stocks. Mfg productivity set a record.....if you want to wait until unemployment decreases, be my guest. The fundamentals I'm following haven't let me down. Strangely enough, my Tiffany Co. is up double digits YTD.
vey9
· 1 month ago
Over 50% of the trade are now made by "technical" traders. This means that they don't read the paper, only their computer's tea leaves. Income, Sales, Profit, Employment, Unemployment, none of that matters to a technical trader. His computer studies the "movement", "shift" and "velocity" and makes small gains from many trades.
This is why It drives me absolutely insane to hear "explanations" on TV as to why the market did this or that. Those things mattered until the majority (over 50%) of the traders decided that they didn't.
ProfElwood
· 1 month ago
Many of those "technical" traders are literally technical -- they're computers. Computers may not run the country, but they're getting close to running Wall Street..
All Comments
That makes more sense than what brokers are saying.
of course you realize from the banksters perspective, and that of many [selfish] investors, that the problem with unemployment is that its too low
This is why It drives me absolutely insane to hear "explanations" on TV as to why the market did this or that. Those things mattered until the majority (over 50%) of the traders decided that they didn't.