The past five trading sessions have resulted in an amazing wipeout. Three months of stock market gains have been erased in days. Today's chart shows how the "big money" has played a big role in this loss.
You see, a healthy stock market is like a big truck. It requires a constant supply of "buying fuel" to drive prices higher and higher. This fuel can only be supplied by the large portfolios controlled by hedge, mutual, pension, and insurance funds. No market can climb hills without this big money buying power.
You see, a healthy stock market is like a big truck. It requires a constant supply of "buying fuel" to drive prices higher and higher. This fuel can only be supplied by the large portfolios controlled by hedge, mutual, pension, and insurance funds. No market can climb hills without this big money buying power.
No comments:
Post a Comment