Nothing To Write About

I have written fewer and fewer columns the past few days because there is simply nothing happening in the market. Most of the stocks I follow are on track to trade a fraction of their daily volume and barely move all day. It seems the bulls want to test the upside of the recent range after the bears couldn't get it done on Friday.

As an aside its amusing how the crowd could not find an economic reason to get bullish so they are using QE 2.0 as an excuse. They always find an excuse to get bullish after the market is already up. They think they are "investing" but in reality they are following their primal instinct to be part of the herd. Have a good night.

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