Stock Storm signals – to watch & ponder
Aunty subscribes to over 30 newsletters – YIKES! Didn’t realize how many until I counted today, but they takes the place of me watching the news on TV or reading a daily newspaper. Most of them are opinions, and many of those opinions are based on facts or a series of facts, and some are just guesses based on je ne sais quoi (the dunnos). The way I figure, these people are very very smart and study financials, wealth strategies, personal development, etc. on a full time basis, so getting their newsletters is like picking their brains, and then make my own decisions.
This morning, a short video was delivered to me about the recent downturn in the stock market, so for any of you who trade stocks or options, here’s a good one to ponder – up or down?:
Update, September 15, 2013: The stock market in the eyes of the S&P 500 dropped a few days later, and has since recovered to 1687, and seemingly on an uptrend. Which goes to show – the market is like the roulette wheel – no one really knows and you just place a bet and cross your fingers for the best. Here is a snapshot of the S&P on September 13 with the green arrow pointing to the corresponding point of 8-28-13: