Another week of uncertainty, market wide correction or breakout?

The past few weeks of trading have revealed many things about this market, some good some bad. The good: ??? The bad: violent moves on low volume, market moving up on non fundamental data more than likely causing false confidence in the "trade". Carl Denninger is on spot with his analysis of these markets in regards to the "trade", i fear for retail getting blown out again on another equally violent move downward. It looks like today is going to be another choppy trade, no really notable earnings today will move the markets as a whole. Anyone remember the Harman sell off because of some false news? Take a look at this, the guy who allegedly disseminated the false news was found dead in his Kuwait City home. I'm glad i live in America.

Posted in: HAR