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Not much of note today, as we saw a very lazy summer trading day. Are some fireworks just around the corner? Some thoughts for the rest of the trading week: NYSE decliners led advancers today by about 2 to 1 (Source: Seeking Alpha) – a sign of things to come? Earnings season is kicking off […]
Spent part of my weekend reading Bob Prechter’s latest newsletter, which is always thought provoking. The folks on his team were kind enough to allow us to republish this article from the April issue of Bob’s Elliott Wave Theorist. In terms of technical and sentiment analysis, I think Prechter is second to none. He’s been […]
As if the largest stock market decline since October 2008 wasn’t enough to put the fear of God back into stock market bulls (and by the way, it was hilarious to see Matt Lauer once again shaking with financial fear on the Today Show this morning) – here’s another piece of bad news: This drop […]
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