The Dow made a major low on October 13 at 28,600. Since then it has rallied to 34,000 – a gain of 5,400 pts (almost 20%) in just five weeks. That is a very sharp rally. And that is exactly the kind of rally we
Tag: Dr Copper
I rarely mention politics here – mainly because most of the utterances from our glorious ‘leaders’ have a certain entertainment value, but little else for serious traders. But I just had to laugh when I came across this little gem. The State of the Union
Finally! I have read a quote from a money manager that seems to understand how markets really work. In a Bloomberg piece about the tumultuous Turkey shoot, he comments about the record pull-out of South Korean investments in Turkey: This has more to do with
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There are a few times in stock market history when rationality goes totally AWOL and a mania envelops investors like a cloud. We saw it in the 1990s in the Dotcom Bubble when the Nasdaq soared just on the basis of the projected eyeball count
