Markets Still Melting Down On Low Volume
From Econintersect Combined RSS Feed
January 7, 2013 - 12:23pm
Midday Market Commentary For 01-07-2013
The averages have been muddling along for most of the morning, mostly down, indicating Mr. Market is taking a rest of sorts. Today is not the day to buy some inverse ETF's as there is more upside to come, but not much if you are in the bear camp. I expect more market volatility as the earnings start to come out as investors feel the pulse of Mr. Market.
By noon the markets were settled in waiting for the weekly financial,s that will probably set the tone for the weeks averages. I would expect today's session to end lower and tomorrow's session to be one that is more positive.
Read more »Original post blogged on b2evolution.
Continue reading this article »Share This Article: