Stock #Market Recap 07/25/12 {Video}
5 Responses to Stock #Market Recap 07/25/12 {Video}
Mr. ChessNWine,
Could you add interpretation of the Russell 2000 to your recap at the end?
TY
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Yeah I usually do. Ran out of time today.
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… well …
I continue to be tremendously impressed by WMT … and it’s nearly parabolic move since May !
I can only explain the “parabolic” move in the stock price … by my simultaneous “parabolic” consumption of their version of “2 Buck Chuck” !!!
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Laugh if you like … but, @ $2.77/bottle … I challenge your most discerning dinner guest snobs to refuse a refill !
SERIOUSLY !!!
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That said … doesn’t WMT (the stock) … need to pull back here ?
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… some studies show that …
Markets “TREND” … ONLY 40% (or, less) … of the time !
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It certainly DOES make a “trader” … out of necessity … seek OTHER approaches !
Or, at least … it SHOULD !!!
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UP … DOWN … SIDEWAYS !!!
“Traders” grind it out ! imo
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