Tuesday Outlook: March Sadness?

I hope it isn’t true, as many conspiracy buffs suggest, that either the Fed or Treasury is in the market buying/supporting stocks. If that ever were the case, free markets would cease to exist. There are plenty of others with vested interests to keep markets propped.

On Monday, there was another “stick save” into the close.

Volume was a little above average while breadth was decidedly negative.










































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Comments

[Lisa:]

I totally agree with your comment about DVY -- it's amazing how people thought that buying a dividend ETF was safe, when in fact most of them were loaded up with financials, REITs and utilities.

2008 Mar 04 06:07 AM

[Jake2:]

Nice charts. How about some on recent up sectors such as Ag, Metals, Gold, Silver, Energy, etc. With comments. You seem to have a good head for this sort thing, and we appreciate your work.

2008 Mar 04 12:13 PM

[Geoffrey Lordi:]

Yes - much appreciated. And we aren't forgetting that you have considered Brazil, India, and (ghasp!) China in the past, as well...

Thanks!

2008 Mar 04 10:36 PM

[Geoffrey Lordi:]

Nevermind! I saw the commodities and international commentary in your currency article - great! Thanks, again...

2008 Mar 04 10:44 PM