Wednesday, April 16, 2014

Spotting a market bottom is no easy affair- MSN Money

Spotting a market bottom is no easy affair- MSN Money



Here is an interesting article by Jim Cramer about when the bottom of the mid-April market correction occurred and possible reasons why the stock market immediately reversed from that point.  Jim is one of the best people I know for understanding the stock market as a whole. He was a hedge fund manager at one time.  People often criticize Cramer when he misses on individual stock forecasts, but I would never want to bet against Jim on the general stock market direction. In this article, he goes into detail about how bonds with TLT as the proxy are in a see-saw battle with stocks.  He also brings up a good point about how margins were being forced against sellers.  So, the stock market has several undercurrents where you need good advice from a savvy experienced analyst like Jim in order to understand what will happen next so that you can adjust your portfolio accordingly.


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