There is no question that low volume trading has ramped the broad markets again the past two months. The fact that cycle leaders like the resource-focused Canadian Venture Exchange and Shanghai Composite have not joined in on the party, should give want-to-be-bulls a queasy feeling in their tummy. But then again, why let facts or warning signs interfere when so many people say they are feeling so confident about 2013. Party on Garth.
Source: Cory Venable, CMT, Venable Park Investment Counsel Inc.
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How’s that USDollar trade working out? UUP. Looks like down. What gives?
“Party on Garth”
… made me do a laughing spit take.