Think of a magician coming up to you and enthusiastically prompting you to “pick a stock, any stock!” We’ve seen numerous predictions calling for 2011 to be the year of the stock. But one historically oriented contrarian view actually suggests that the coming year could be more accurately described as the “year of the correction.” Read the full article here.
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In The News
Chris Kacher talks about the effects of QE, and the risks to the current uptrend in the stock market.
Gil Morales discusses shorting stocks and the current market.
Chris Kacher talks about his views on the general market, the gap down in FFIV and other cloud stocks this week, contrasts between now and October 2010 when cloud stock EQIX disappointed, as well as discussion about the flash crash of May 2010 and a stock that is bucking the weakness in the market.
Discussion of the current market action and breakdown in key leaders over the prior week.