I found Tuesday to be a very difficult trading day. When bad news is released the market is "surprised", but if you give it a day, or even a few hours, that surprise becomes "it was already priced into the market, so no worries, buy stocks". This is the most schizophrenic situatin I have ever seen. Thanks for the recap, and for the heads-up on the refiners.
Tuesday Roundup: Housing Starts Temper Market Enthusiasm [View article]
Thanks for the recap, and for the heads-up on the refiners.