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STOCK MARKET THRILL RIDE

|Includes:BP, C, DBA, DBB, DBC, EFA, EPI, EWA, EWC, EWI, EWJ, EWP, EWZ, FXE, FXI, FXY, GLD, GOLD, GS, IEF, IEV, INTC, IWM, IYR, IYT, JJC, JPM, KBE, LQD, SPDR S&P MidCap 400 ETF (MDY), MOO, QQQ, RIG, RSX, SLX, SMH, TIP, TLT, XLB, XLE, XLF, XLI, XLV, XLY, XME

 

STOCK MARKET THRILL RIDE

 

Another day, another reversal and this one was a doozy. (Do you think the guy in the image above body is still attached to his legs?) 

I’ll admit to some nervousness lately since we’re carrying so much cash in portfolios. One portfolio is all cash so when there’s a big up day you feel silly and then today not so much. But, given market action these feelings have been on a roller coaster.

What’s bugging Mr. Market? Domestic economic news was good today right? Are prices just too high? Is the action getting toppy like I postulated the other day? Are European debt issues scaring the hell out everyone? Feels like all those things are operative today anyway.....READ MORE! 

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Stocks: MDY, IWM, QQQ, SMH, INTC, XLF, KBE, GS, C, JPM, IYT, XLB, XLY, XLV, XLI, IYR, IEF, TLT, TIP, LQD, FXE, FXY, GLD, DBC, XLE, RIG, BP, DBB, JJC, XME, SLX, DBA, MOO, EFA, IEV, EWI, EWP, EWJ, EWA, EWC, EWZ, RSX, EPI, FXI, GOLD