If you’re new here, you may want to subscribe to my RSS feed. Thanks for visiting!The nearly 500-point dead-cat-bounce on Wall Street yesterday was credited in part to the reported increase in existing home sales. The headline about homes: resales rose 5.1% to a 4.72 million annual rate from 4.49 million in January, via [...]
One of the terms that veterans of the stock market often use to describe buying patterns is ?smart money.? Smart money refers to buyers who are informed, intuitive, and quick enough to anticipate market trends before they actually occur. Conversely, the term ?dumb? money is the money from buyers who rush in after the boom [...]
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