Markets Are Always Looking For Reasons(2)

Market rallies

Market rallies such as the one seen on for the past month needs to be understood further.

The leaders of the market for the past one month were second and third liners, that should be easy to spot.

That also meant that the beta of these stocks (volatility) are very high.

Barring any "bad news", the rally should continue for some time.

Markets are always looking for reasons, either to go up, or down.

The skill is in spotting what is "reason enough".

Bull markets tend to brush away a lot of negative news.

Bear markets tend to brush away a lot of good news.

Deciding on what will turn the tide - well, like they say, you have pay the tuition fees, gentleman!