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  • Do Rising Stock Prices Mean Fundamentals Have Bottomed? [View article]
    "What a rising stock price indicates, it turns out, is that a security's buyers are marginally more enthusiastic than its sellers."

    Or maybe it means that a bunch of trading desks with tax-payers' money burning holes in their pockets see the chance to make a quick buck (probably at the expense of people getting fixated on trying to call a bottom on the fundamentals).

    "It's traders' and investors' perceptions of how those fundamentals will be perceived by other market participants."

    Sorry, but this has been a staple of 'investing 101' for decades.
    Sep 04 14:09 pm |Rating: 0 0
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