Wednesday Outlook: The Bear Comes Out of Hibernation

No “stick save” at the end for stock markets Tuesday. The bear is coming out of hibernation but as usual, things can change rapidly in this environment… and naturally, “the week’s not over”.

Breadth was negative but probably not a 90/10 down day and volume was heavy. The latter continues trends of higher volume sell-offs and lower volume up days.

Disclaimer: ETF Digest maintains long or short positions in: GLD, IEF, DBC, IYR, RSP, GDX.

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Comments

[300mph:]

Do you realize how annoying that little stick figure animation in the upper right corner is?

2008 Jan 09 04:45 PM