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My Blog

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DJIA for arguments sake I remain bullish and invested.

Posted on May 12, 2017 at 11:09 PM
Each day we read a variety of predictions about the stock market, economy, and the world that are all over the place in terms of the opinions about the future. Lately, there seems to be more attempts to call a major market top by using an indicator that may have worked in the past, but this is no surety the same condition will produce the same result today. Each market cycle is different, and what affects the market today may not be the same as the facts that moved prices in the past. The market is much more complicated than any one indicator or even a set of conditions can accurately predict. We do note, however, that when there is a high preponderance of opinion in one direction or another, that something else is more likely to happen. More often, the reason for a market trend is not apparent until well after the move has occurred, which makes using the same kind of reasoning to predict the future difficult at best, but still fun to try. We think it is better to expect the unexpected when it comes to the stock market, and not just what the majority says will happen. Courtesy of Bob Dickey RBC.

Categories: DJIA Investing

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