Thought for the day, plus some posts on the Stock Market, Finance, Politics, and Life!
“Always be yourself…unless you’re mean and narcissistic; then don’t.” ~ Charles F Glassman
S&P broke down out of it's up-trending channel and is now -3.74% from the last high (see chart below). Is this a pullback due to Greece news or the start of a long awaited correction, only time will tell! I'm in one inverse: RWM
Good article for investors: http://awealthofcommonsense.com/delusions-of-future-outperformance/
"Life isn't about finding yourself. Life is about creating yourself." - George Bernard Shaw
Everyone you will ever meet knows something you don’t. Learn from them. It will bring out the best in both of you.” ~ Bill Nye
Just more chopping around in the S&P upward channel. I feel we'll go down a little more and test the lower trend line again, then possible bounce back up (see chart below). However, I do think eventually we will break out of this channel and have a correction by the end of the year! My trading is still down a little for the year.
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Disclaimer: Information on this website is to be used for educational purposes only. Information found here are personal opinions and not advice from a professional financial advisor or broker. All trading and investing comes with risk!