Another ‘OMG’ moment from the financial media They must be doing this on purpose (click bait) because no serious observer of the markets could even come close to calling the market’s action over the past few weeks a blow-off top. However, CNBC found themselves an analyst (a serious observer) who would make that assertion, Ned…
Tag: Ned Davis
Where’s all that sideline cash?
According to Mark Hulbert, the cash on the sidelines is a myth. What appears to be a bullish argument for the stock market turns out to be a compelling case for why it’s in trouble. I’m referring to the notion that a huge amount of cash is sitting “on the sidelines,” as investment professionals say….