Krypto got off the couch to check her market model at the request of a commentor. She sees that with a further pullback overseas (or dollar strength), that a weak buy signal for both European and Emerging Markets stocks could be generated. Nothing else is close.
She's climbing back onto the couch to snooze. Good doggy, here's a treat.
Word of the Day
"Nugatory" - adjective [$10]
Nugatory means 1. futile, trifling, worthless; 2. inoperative, not valid.
Sentence: Program trading and high frequency trading by computers has rendered most old technical indicators, such as various market volume and advance-decline numbers, nugatory. How can one use actions of computers to infer human decision? Obviously no way, no how.