Market Lab Report - Premarket Pulse 5/18/15
In addition to the above, prominent bond portfolio managers recently stated that bonds should be shorted as they believe rates will have to rise at some point which added further selling pressure to bonds as other institutions heeded the advice.
With all the cross currents noted above, it is no wonder the market has struggled to find direction. On those stocks that were actionable from last week, it has never been more imperative to take your profits when you have them and to quickly cut losses. Walking this "tightrope" certainly requires discipline and is an excellent environment for polishing up one's trading weaknesses.
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