Dow plunging 252 points. Nasdaq nose diving. One of the worst days of 2015. Why dont we use todays session as a teaching school, how sometimes it simply pays to sit on your hands and watch things unfold until they get less insane. Thats always been my view on days like today. When the sun came up, it looked like the stock market would make back some of its losses. First, we didnt know the cause of the shootings in california. We would just once again wake up to the sadness of a mindless, tragic incident and lament the trauma. There were no other incidents, a la paris, where there were multiple ones. It was hoped this was not part of a coordinated terror attack. That emboldened buyers. To them it looked like a rebound was in the cards. You could argue we live in a terrible hurt when people take heart that San Bernadino wasnt part of a larger mass attack. The market opened higher before we knew about a terrorist connection. We felt better because a European Central banker who was famous
When the sun came up, it looked like the stock market would make back some of its losses. First, we didnt know the cause of the shootings in california. We would just once again wake up to the sadness of a mindless, tragic incident and lament the trauma. There were no other incidents, a la paris, where there were multiple ones. It was hoped this was not part of a coordinated terror attack. That emboldened buyers. To them it looked like a rebound was in the cards. You could argue we live in a terrible hurt when people take heart that San Bernadino wasnt part of a larger mass attack. The market opened higher before we knew about a terrorist connection. We felt better because a European Central banker who was famous for saying he would get europes economy by any means necessary, announced his next set of initiatives. Hes synonymous with global growth, so big money likes ahead of time to be invested, perhaps as much as possible, even borrowing money to take advantage of what his next reall
Days like today. When the sun came up, it looked like the stock market would make back some of its losses. First, we didnt know the cause of the shootings in california. We would just once again wake up to the sadness of a mindless, tragic incident and lament the trauma. There were no other incidents, a la paris, where there were multiple ones. It was hoped this was not part of a coordinated terror attack. That emboldened buyers. To them it looked like a rebound was in the cards. You could argue we live in a terrible hurt when people take heart that San Bernadino wasnt part of a larger mass attack. The market opened higher before we knew about a terrorist connection. European central banker who was famous for saying he would get europes economy by any means necessary, announced his next set of initiatives. Hes synonymous with global growth, so big money likes ahead of time to be invested, perhaps as much as possible, even borrowing money to take advantage of what his next really positi
Back some of its losses. First, we didnt know the cause of the shootings in california. We would just once again wake up to the sadness of a mindless, tragic incident and lament the trauma. There were no other incidents, a la paris, where there were multiple ones. It was hoped this was not part of a coordinated terror attack. That emboldened buyers. To them it looked like a rebound was in the cards. You could argue we live in a terrible hurt when people take heart that San Bernadino wasnt part of a larger mass attack. The market opened higher before we knew about a terrorist connection. We felt better because a European Central banker who was famous for saying he would get necessary, announced his next set of initiatives. Hes synonymous with global growth, so big money likes ahead of time to be invested, perhaps as much as possible, even borrowing money to take advantage of what his next really positive move might be. Hes creative fellow, theyre always surprised to the upside. But this
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