Sell Signals From European Markets, But ETFs Don't Yet Confirm (EWP, EWU, EWG)

Let’s see, bombings in London, stocks go up. Now a devastating hurricane rocks the gulf, stocks go up. Even financial stocks that comprise XLF rallied despite the heavy representation of casualty insurance companies as components, writes David Fry, founder and publisher of The ETF Digest. How to make sense of such activity?

You can’t. It’s the markets brutal way of saying, “Is that your best shot?