Friday, December 04, 2009

Churning the market and we aren't making butter

Churning as defined by Investopedia. A period of heavy trading with few sustained price trends and little movement in stock market indexes.


Take a look at these charts:






Example after example, all taken today showing churning like I've never seen it. Churning is often indicative of a top. Read what I've written about the dollar carry trade below and check out the move today in UUP. Things are starting to make sense but reading the typical sites like YahooFinance, everyone is still paying attention to the wrong charts, charts that are symptoms and not the cause. to make money in the market you have to see something the masses have missed. I hope you build on what I've given you and if you make some money, a little jingle in the tip jar is always appreciated.

blog comments powered by Disqus






Disclaimer:

Disclaimer: This website may include stock and market analysis. Any opinions, ideas, views and statements expressed here are opinion only, subject to change without notice and for informational purposes only. Trading stocks carries a high degree of risk. It is possible that an investor may lose part or all of their investment. Accuracy and timeliness of any information is not guaranteed and should only be used as a starting point for doing independent additional research allowing the investors to come to his or her own opinion. Nothing on this blog is to be considered a buy, hold or sell, recommendation. Any investments, trades and/or speculations made in light of the opinions, ideas, and/or forecasts expressed or implied herein are committed solely at your own risk, financial or otherwise.