The Document

Login Subscribe Now
July 21, 2010

All Eyes on the Buck

I've written many times that the stock market does not react to news but rather uses the news as an excuse to do what it wanted to do, anyway. It is no small coincidence that equities were pushing into short-term overbought conditions when Bernanke's testimony was published, and the subsequent weakness, while appearing ...

 

Login to read full article.

Recent Newsletters

Macroeconomic Blog | Cycle Trading Newsletter | TrendBands Fund | Library | About | Contact Us | Members