Ian Woodward's Investing BlogStock Market: In the Monotonous Doldrums!
When the number of hits on my blog are less in the United States than the rest of the world I can tell that investors are taking vacations and given up on this market until there is some exciting news one way or another to wake them up. I say be patient as you have only ten more days to wait for fresh NEWS to jolt this market one way or another:
Still, my friends in Singapore, United Kingdom, Switzerland and Canada top the list from abroad this morning, so here is a mid week assessment of where we stand:
Here is an updated picture for the last week on %B for the S&P 1500 which shows that we are dwadling around waiting for news from Draghi, Jackson Hole and the Jobs Report:
…And here is the picture for the Accumulation and Distribution statistics, which shows more of the same:
So there you have it…can’t make a silk purse out of a sow’s ear as the saying goes, but an update is always worthwhile.
Best Regards,
Ian.
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