Nothing about the stock market is written in stone, least of all the direction it decides to go in at any given time. Among the least unreliable indicators is the mood of investors. That yardstick pretty much depends on the notion that the crowd is usually wrong … Read More
Contrary to popular opinion, the affluent haven’t lined up solidly behind their presidential choice. They are, in fact, among the most undecided group of voters.
Although a four- or five-day decline in the stock market by itself isn’t necessarily significant, where it happens on the charts can be. After rallying as October started, several major indexes since have been turned back at respective resistance levels, and some have now dropped … Read More
In recent months a gap opened between the buoyant mood of the markets and the glum state of the economy. On the latter score, although the most recent week’s tally of new claims for unemployment insurance fell by an impressive 26,000, durable-goods orders turned in … Read More