Prospect of Lowered Profit Outlooks Keeps Me From Jumping on the Bullish Train
I don't believe I'd trust that a bottom is in place if we've hardly begun slashing forward earnings estimates in the face of a slower economy.
Don't Expect Me to Play 'Pin the Tail on the Market Bottom'
It's a fruitless exercise best suited to gamblers and attention-seeking stock market commentators.
Don't Be Freaked Out by Those Tweets About a Closed-Door FOMC Meeting
There are many meetings of the Federal Open Market Committee that aren't part of the regular schedule, so don't fret too much.
Stock Picking Languishes as Traders Keep Hunting For Oversold Index Bounces
Valuations and the merits of individual stocks just aren't significant right now as many people largely trade index ETFs.
Don't Fixate on the Latest Inflation Numbers as They're Already Old
It won't be surprising to see the data begin to tilt toward lower inflation in coming months.
I'm Still Waiting to See if Sellers Are Losing Interest, Even for a Brief Period
The hope is for an oversold bounce that lasts more than a day or two.
Not to Throw Cold Water on the Rally, but I'm Looking for a More Meaningful Low
I'm waiting to see what is known as downside excess in the technical world.
Whether You're Talking Stocks or Bonds, It's Hard to Fight the Bear
The bear clearly has the upper hand, though that doesn't mean it isn't worth stalking bullish reversals in both asset classes.
The Dollar Doesn't Matter to Most Traders Until It Does… and It Matters Now
That's why I have my eyes on a bullish dollar ETF in hopes of spotting a bearish reversal.
If You're Going to Play the Bounce Game, Just Remember You're Fighting the Fed
Buying into the decline is OK, but make sure you know where your stop is before you punch the key.