tag:blogger.com,1999:blog-816559531110064247.post3617087981962957792..comments2024-03-08T01:03:44.522-08:00Comments on Humble Student of the Markets: A case of bad breadth?Cam Hui, CFAhttp://www.blogger.com/profile/09672203690656029787noreply@blogger.comBlogger2125tag:blogger.com,1999:blog-816559531110064247.post-71208099534840235112014-05-23T06:20:04.207-07:002014-05-23T06:20:04.207-07:00DJI, SPX, NASDAQ all appear poised. Recent drop i...DJI, SPX, NASDAQ all appear poised. Recent drop in bullish sentiment in AAII survey point to contrarian move up. YOY new home sales will surely beat since last year number was so bad. Big yawn on international conflicts. <br /><br />These seem to point to new all time highs for SPX. Anonymousnoreply@blogger.comtag:blogger.com,1999:blog-816559531110064247.post-63802832540741236082014-05-22T06:34:04.806-07:002014-05-22T06:34:04.806-07:00With so many investors taking note of the current ...With so many investors taking note of the current market divergences, from a contrary standpoint, would a price correction may not happen at all? <br /><br />So far, we have been correcting - we’ve been consolidating in two dimensions, in time (churning, going nowhere fast), and in rotation (selling in high valuation names and buying of defensives). <br /><br />We spent enough time going sideways now that a price correction would have already taken place if it were to happen.<br /><br />Curious on your thoughts.Anonymousnoreply@blogger.com