Weekend Reading

• What trading style fits you best?
• Bespoke highlights one of the flaws in the Dow Jones Industrial Average
• Sentiment is slow to change: A basketball example
• Will the G-7 defend the dollar?
• VIX & More highlights the importance of the Nasdaq’s 2315 level
• The “smart money” is still underweight financials
• And the flight to safety continues
• Trading with T.K talks about being an NYSE specialist

• So we’ve been living beyond our means…
• And now consumer sentiment is the lowest since 1982, But why?
  • Could it be the economy is built on appreciating assets, and not real wage growth
    
  • Or maybe it’s because the current jobless rate correlates to 1982
• Could consumer sentiment be a contrary indicator?

~ by tradermd on April 12, 2008.