Another day, another dip, another dip that gets bought. This is Pavlov's dog. Stock prices rally.... go figure
November 20th, 2014 Watch List
$IBM No Longer Relevant
When Will Stocks Fall?
It's been a terribly awesome rally from the mid-October panic sell-off. Stocks seem impervious to downside.... every dip gets bought and shorts have very little time to close any positions that happen to head south. Here we are some 6+ years from the start of the financial crisis and Central Banks seem more focused than ever on manipulating financial assets. The Japanese are busy buying everything under the rising sun, including stocks. The assumption is a massively inflated stock market will somehow lead to job growth, a strong economy, great innovation.
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