More Divergences

The financial stocks are trading lower today, while the market is up over 1%. This is not something you see often and not bullish in my opinion. I am contemplating moving to a net short position.

4 comments:

Anonymous said...

I'd like to short but I'm waiting for the results of the advanced GDP report this Thursday.

Anonymous said...

I'm sure you saw what happened with Englands GDP last week.

Tsachy Mishal said...

I suspect it will be too late by then. If we head down into that number and go lower on the number we will likely be close to a bounce.

Anonymous said...

You people are too slow and idealistic for the fast paced trading world where you need to think about what the other guy is going to do after he thinks about what you are thinking about his thinking.

Does that make sense? If it does, you're making the money you deserve to make. If not, you need to just give your money to me and watch the Tyra Banks show and get a manicure.