By Charles Hugh Smith If there’s nothing supporting this rally but euphoric sentiment arising from orchestrated buying, any eruption of reality will reveal the rally as a head-fake. Let’s say you wanted to engineer a stock market rally that triggered every technical “buy” signal and wiped out those who are short the market–what would you do? First, you’d engineer a …
Last Week In Review: ETF News And Blog Posts To 4/14/2013
In case you missed it, here’s a summary of the ETF topics and market reviews I posted to my blog during the week ending on 4/14/2013. It now looks like the major indexes only took a breather the prior week before continuing their ascent towards a new milestone marker during the past five trading days, which would be the 1,600 …
One Man’s Opinion: Is New Cash Driving The Market Indexes Higher?
It is assumed the “great rotation” causes money to flow from bonds to equities that drives the stock market higher. However, in the present context, many disagree saying it’s simply new cash that’s driving the markets higher. Jeffrey Rosenberg, chief investment strategist for fixed income at BlackRock Inc, is one who agrees with that theory. If you look at the …