There are a LOT of 'talking heads and blowhards'
on the Financial News shows, but one of them that has been consistently MUCH better than the others is Art Cashin, who has been warning about the free fall of commodities and retail stocks, and the strengthening of the dollar, oil flirting with $40 and NOW, the market averages breaking through their 200, 100 and 50 day 'moving averages'. For those who use charts, this is troubling, esp when one of the old school 'gurus' of the market has been warning of 'trouble ahead', for the last couple of weeks. We'll see, although the market has a way of always confounding everyone and moving counter to common wisdom.
Comments