We entered different market situation. Last year we have a big correction followed by a huge rally, this year we have a tiny 4% correction which doomed to follow by a rally later after this month.
If you have paid attention enough, each year's June won't be a good time to buy. It is not our fault, it is some mutual fund and managers' mistaken thinking that causing the sell off most of the time at the second half on June. This year, the same pattern.
You may wanna know why? Jim Crammer 's show one time clarified my question too. At the end of June, time for semi annual performance's count. What those mf and hedge fund's managers do or have to do are to sell and realize their account performance. Not kidding. but for a little bit longer term, no doubt, we are in bull market, and market will make new high in early or middle July. Any correction in June will lead to higher high in July.
11 comments:
Thanks! Qianhu! I've followed your prediction to the market for a period. I must say your prediction is terrific. It is good to have your insightful analysis so we will have more direction in the volatile market.
Nice comment!
Nice comment!
Metronic, brother, so far we have not seen another correction for long time, the bond interest is in dangerous area, the inflation is serisous, the FED may raise their interest this time. And the high oil price, I think the doomed time would only come in the end of June, and end@ the middle of aug. I see bear this july :)
千户帮我看一下
http://news.morningstar.com/stockReturns/CapWtdIndustryReturns.html
像CME,ICE属于哪个板块啊？怎么finance里面没有？
your link is cutoff, cannot go to the page.
in yahoo CME is in
Sector: Services
Industry: Business Services
in goog it is
Sector: Financial > Industry: Investment Services
谢了，呵呵。今天yahoo评论还真没创意阿。又是bond,oil price这些原因导致大盘跌。
hi bac and all, thanks so much :)
yes, those comments on YHOO always ma hou pao, useless and randomly guess. hehe They can find every reason to explain a drop.:)
Good.This post is extremely useful on judging the next 1-2 month's trend.
Market itself is healthy, if "correction in June" is part of the market philosophy.
OOSEVEN
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