Why This Market Still Hasn’t Got a Grip on a Winning Strategy
Critical intelligence before the U.S. stock market opens
by Shawn Langlois
Market Watch
Poof! Nearly $8 trillion has been sucked from the carcass of the 2016 global equity market so far, and despite the solid pulse in recent days, nobody’s in a celebratory mood just yet. In fact, the gloomers are still holding court in the media. Why wouldn’t they be? Pain sells and double-digit declines are everywhere, with Russia, Italy and China carving deeper into bear territory.
[...] But if Friday was merely a blip in a continued freefall, it was quite a blip. Global stocks exploded for their biggest gain since 2012, according to Bloomberg. The MSCI’s benchmark of world equities rose 2.6% as buyers stepped up and shorts scrambled in the face of potentially more stimulus.
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Source: http://financialsurvivalnetwork.com/2016/01/why-this-market-still-hasnt-got-a-grip-on-a-winning-strategy/?utm_source=rss&utm_medium=rss&utm_campaign=why-this-market-still-hasnt-got-a-grip-on-a-winning-strategy
