Market Mechanics Explained
When you’re unsure why your stocks are going up or down, keep this in mind:
Source: Boston Herald
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"Let us be thankful for the fools. But for them the rest of us could not succeed." Mark Twain
When you’re unsure why your stocks are going up or down, keep this in mind:
Source: Boston Herald
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Kat,
Excellent example for the Behavioural Finance theorists.
There is an increasing amount of narrative, constructed to explain market gyrations, with little true analysis. This is as true at tops, as at bottoms.
On a valuation basis, the market is still nowhere near a bear market bottom. There are other metrics other than valuation, but they tend to focus on the market itself.
I’m going to pinch your cartoon!
Ta.
jog on
duc