Lately, it has been the bullish effects quantitative easing (QE) in all its forms both in the U.S. and abroad vs. the bearish worries out of Europe (and sometimes China). Notwithstanding the flash crash in May 2010 and the severe downturn in August 2011, both periods which were followed by backing and filling before the general market started trending again, QE seems to be winning. Of course, we will get new, minor knee-jerk, downside reactions in the general market as it climbs the wall of worry, and potentially deeper corrections such as the two shown below, both from which the Market Direction Model caught and profited.
MLR - Don't fight the fed
|Published:||17 Apr 2012 19:31 ET|
Like what you read?
Let us help you make sense of these markets by signing up for our free Market Lab Reports:
This information is provided by MoKa Investors, LLC DBA Virtue of Selfish Investing (VoSI) is issued solely for informational purposes and does not constitute an offer to sell or a solicitation of an offer to buy securities. Information contained herein is based on sources which we believe to be reliable but is not guaranteed by us as being accurate and does not purport to be a complete statement or summary of available data. VoSI reports are intended to alert VoSI members to technical developments in certain securities that may or may not be actionable, only, and are not intended as recommendations. Past performance is not a guarantee, nor is it necessarily indicative, of future results. Opinions expressed herein are statements of our judgment as of the publication date and are subject to change without notice. Entities including but not limited to VoSI, its members, officers, directors, employees, customers, agents, and affiliates may have a position, long or short, in the securities referred to herein, and/or other related securities, and may increase or decrease such position or take a contra position. Additional information is available upon written request. This publication is for clients of Virtue of Selfish Investing. Reproduction without written permission is strictly prohibited and will be prosecuted to the full extent of the law. ©2021 MoKa Investors, LLC DBA Virtue of Selfish Investing. All rights reserved.