MBWealth’s Commodity Blog

Unless the NFP number exceeds 400,000 or uneployment is over 7.0%  we expect a classic case of buy the rumor sell the fact.  We are not advocating buying equities but much of the bad news may already be factored in. It appears the three stooges testifying in front of congress have not convinced them to [...]

Forwarded by a trader at FC Stone 1. Excesses in one direction will lead to an opposite excess in the other direction.  They always do. Until everyone fears the worst, and capitulates, markets will exceed expectations. Then, in the correction, will exceed expectations again. 2. Markets tend to return to the mean over time.  This [...]