The rule of thumb is that the markets will usually give you an indication of what investor sentiment will be for the year, at least for the first quarter, based upon the market action of the first few days. We may be seeing an anomaly today because of the knee-jerk reaction to what is occurring in the Chinese markets.
January 4th Daily Market Directions
The rule of thumb is that the markets will usually give you an indication of what investor sentiment will be for the year, at least for the first quarter, based upon the market action of the first few days. We may be seeing an anomaly today because of the knee-jerk reaction to what is occurring in the Chinese markets.