Thursday, August 08, 2013

Thursday Thoughts

Interesting reversal in the market today. Look at the $EMM - Emerging Markets. Whoosh...

Still in cash and sitting on hands.  Don't imagine going back long full time until the Fall.  We shall see.  

I wonder if the selling is over or not.  I think even with the FED QE FOREVER we'd get a correction here and there along the way from here to the moon.  Maybe not.  Sure a strange year.  Folks say this is the most hated bull market ever.  Not sure that's the case.  It's just that it seems that economic data and earnings numbers don't matter as much these days.  Or, maybe it's just that the world wants US stocks and nothing else.

Except $EEM today, that is.  Whoosh.  LOL.

Ah, money market return rates really suck...  bah.

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