Category: Market Internals
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Who Will Ring the Bell?
“Buy America. I am” said Mr Warren Buffett on Oct 16,2 008. He announced to the whole world that he was buying american stocks, and those who listened to him, probably made a great fortune. So will Mr. Buffect announce “Sell America. I am”? I have great admiration for Mr Buffett. However, I don’t think…
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Key Market Internals
Markets are pulling back rather sharply today. As of this writing Dow Jones Industrial Average (DIA) is down 160 points (1.25%), S&P 500 (SPY) is down a little over 1.5% and Russell 2000 (IWM) is down 1.7%. Nasdaq (QQQ) is the hardest hit which is down over 2% as of this writing. There are almost…