Page 7 - Jack Moore News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Were not going to get out of this Oil Conundrum easily. As ive told you many a time, you can deride it all you want, the linkage, absolutely. But you see, you cant dismiss the fact that oil is in control. And weve got a very firm pattern going here. Oil is a hardtime rally on the fundamentals because we have a dramatic glut thanks to aggressive pumping really by the saudis. The correlation with the stock market revolves around demand. Weak, its because of u. S. Demand weakening. Therefore our economy must be slowing. This linkage will not break until it breaks. See, we dont know when the marke...

Dipping 22 points, nasdaq advancing just 0. 36 . Thank you, apple, for that. But if demand is just fine, thank you, not falling off a cliff, then we can tough this market out together. Not everyone agrees. For example, at the alpha conference yesterday, the vast majority of speakers seemed to write off the prospect of any robust growth in demand either here or worldwide. If you had to boil down the barest thesis, it will go like this. Central bankers are out of bullets. Nothings working. Demands declining. So were headed into the unknown, and lurking in the unknown is a terrible abyss of losse...

Performance then down aggregate news. Other stocks rally on good event but then those gains are not sustainable. Which makes it plain treacherous out there. Everyday. Even a seemingly benign one like today. Let me give you some concrete examples so you know exactly what im talking about. Last thursday night, twitter broadcast an incredibly exciting contest between the new york jets and buffalo bills. And the followers of the stock were bursting with glee. If you went to my mentions column i was bombarded with people who simile could not stop telling me this is the biggest event since the super...

Everyday. Even a seemingly benign one like today. Let me give you some concrete examples so you know exactly what im talking about. Last thursday night, twitter broadcast an incredibly exciting contest between the new york jets and buffalo bills. And the followers of the stock were bursting with glee. If you went to my mentions column i was bombarded with people who simile could not stop telling me this is the biggest evennc they thought the stock would open 3, 4 higher. There were people saying that my tempered enthusiasm was misplaced to use a euphemism no are what they thought. Even though ...

Misdirection play. Yet the entire episode was like a big play action fake with you, the audience, being the one that got faked out. That goes a long way toward explaining why we had such a terrific rally today since the fed told us it was keeping rates the same. With the dow gaining another 99 points, s p climbing 0. 65 . And the nasdaq falling to a record close, 0. 84 . Todays move wiped out all the losses from whats historically been the nastiest month of the year. Giving only six more trading days in september to get through, we might end this miserable month higher. Why do i think all the ...