Since I returned from my vacation, I have been pondering why the stock market (in this case the S&P) has moved up so much for little or no reason. The economy still appears to be very much on the defensive with unemployment rising and the business environment still on a slippery slope. With that being said, unemployment is always a lagging indicator and usually forms 'v' tops.
I made this video before the stress test was announced and I suspect that all of the stress test leaks have already being discounted by the stock market.
My new video is a follow-up from my April 14th video that I made before I left for New Zealand. If you have a few minutes, please take the time to view it. I think you will find it interesting that my observations may conflict with the current market trend.
With the Obama honeymoon coming to an end, we are going to see how the markets move without government influence. There has never been a government that was able to dodge a major business cycle... and this one sure is a doozy.
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Stock Quotes
| NASDAQ | 2847.21 | |||||||
| S&P 500 | 1315.99 | |||||||
| ^RUT | 764.64 | |||||||
| TVIX | 8.72 | |||||||
| FCEL | 1.02 | |||||||
Stocks Above I Currently Hold In My Own Trading Account: TVIX, FCEL
Major U.S. Indices and
Guerilla Top Picks
Guerilla Top Picks
Guerilla Trader Quote
“All Warfare is about Deception. Hence, when able to attack, we must seem unable; when using our forces; we must seem inactive; when we are near, we must make the enemy believe we are far away; when far away, we must make him believe we are near.... If your opponent is choleric temper, seek to IRRITATE him. Pretend to be Weak, That he may grow ARROGANT.”
by Sun Tzu
“All Warfare is about Deception. Hence, when able to attack, we must seem unable; when using our forces; we must seem inactive; when we are near, we must make the enemy believe we are far away; when far away, we must make him believe we are near.... If your opponent is choleric temper, seek to IRRITATE him. Pretend to be Weak, That he may grow ARROGANT.”
by Sun Tzu
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