Yesterday stocks went higher worldwide.
On what reason? India? Did we just turn a corner?
All what we can say is that the volume was extremely light.
But most investors don’t ask questions.
How healthy is this ongoing rally?
Based on quality we mention that stocks with junk bond ratings have performed best.
All the more evidence that this rally is/was about short covering instead of a reach for risk.
On what reason? India? Did we just turn a corner?
All what we can say is that the volume was extremely light.
But most investors don’t ask questions.
How healthy is this ongoing rally?
Based on quality we mention that stocks with junk bond ratings have performed best.
All the more evidence that this rally is/was about short covering instead of a reach for risk.
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