Stock Market Support Is Fragile – 2 Indicators And 2 Strategies For Success If 2nd Shoe Falls
- Sunday, February 2, 2014, 23:40
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From January’s negative stock market performance comes the pursuit for the answer to “Why?” The search has produced the usual suspects: Overvaluation, reaction to 2013’s high return, long overdue “correction,” and sales/earnings disappointments (actual and/or outlook). Then there are the coincidental events: Fed confirming its taper policy and emerging markets/currencies raising havoc once again. Finally, there is the January decline (nee effect), seemingly casting a pall over the next 11 months.
http://www.forbes.com/sites/johntobey/2014/02/02/stock-market-support-is-fragile-2-indicators-and-2-strategies-for-success-if-2nd-shoe-falls/