Seeking Alpha

David Fry's  Instablog

David Fry
Send Message
David Fry writes a subscription newsletter focused on technical analysis of exchange-traded funds, called ETF Digest (www.etfdigest.com). Dave founded the ETF Digest in 2001 and was among the very first to see the need for a publication that provided individual investors with information and... More
My company:
ETF Digest
My blog:
Dave's Daily
My book:
The Best ETFs: U.S. Equities (A Companion Guide To Building Your ETF Portfolio)
  • WHAT A MESS! 0 comments
    Jun 24, 2010 8:04 PM | about stocks: MDY, IWM, QQQ, IGM, QQEW, XLF, KBE, JPM, MS, XLB, XLY, XRT, IYR, IYT, IEF, TLT, LQD, PSK, FXE, GLD, DBC, XLE, DBB, EFA, EEM, EWA, EWC, EWZ, RSX, EPI, FXI

     

    Markets need a catalyst beyond Apple’s new products to move them higher. And, if markets are to revisit the previous bearish trend, day-to-day two-way action needs to give way to a more durable trend. Bulls may have wasted some buying power on the last mid-June counter-trend rally despite the low volume quality of the effort. On balance, there hasn’t been any positive news.

    Confidence and trust in markets (especially among retail investors) has never been lower. With HAL 9000s dominating daily trading it’s no wonder such is the case.

    The stimulus package has proven a wasteful dud. The Fed has interest rates as low as they can go and Europe finds itself in a similar situation. Some are suggesting the Fed and Treasury will come up with some never before tried monetary tools to.....READ MORE!

    Subscribe to our RSS feed

    Stocks: MDY, IWM, QQQ, IGM, QQEW, XLF, KBE, JPM, MS, XLB, XLY, XRT, IYR, IYT, IEF, TLT, LQD, PSK, FXE, GLD, DBC, XLE, DBB, EFA, EEM, EWA, EWC, EWZ, RSX, EPI, FXI
Back To David Fry's Instablog HomePage »

Instablogs are blogs which are instantly set up and networked within the Seeking Alpha community. Instablog posts are not selected, edited or screened by Seeking Alpha editors, in contrast to contributors' articles.

Comments (0)
Track new comments
Be the first to comment
Full index of posts »
Latest Followers

StockTalks

More »

Latest Comments


Posts by Themes
Instablogs are Seeking Alpha's free blogging platform customized for finance, with instant set up and exposure to millions of readers interested in the financial markets. Publish your own instablog in minutes.