Same Surge, Different Day

Well, the bulls finally have something to grin about for a change:


If you look back to the portion of time leading up then, and then following, the G20 “truce”, you can see that this is simply another in a series of “higher lows” that have, on a broader timescale, been part of a larger downtrend.

It’s tempting to sell into this strength, and depending on how the day goes, I might just do that – – but what’s a bit scary is that there’s still a very long way to go until a true exhaustion point, if you look at the bigger picture.

I suspect the ol’ portfolio is going to have a few stop-loss orders at the opening bell.

How did you like this article? Let us know so we can better customize your reading experience. Users' ratings are only visible to themselves.


Leave a comment to automatically be entered into our contest to win a free Echo Show.