Scroll all the way to the bottom. Whoever did this is passionate. Very detailed, and intriguing, not sure what the reasoning is, but I think it is interesting.
I often see financial blogs talk about bad news being the reason for going short, or good news being a reason for going long. But, if the bad news is all over the place, or the good news is all over the place, why wouldn't that news be priced in? [more]
Sometimes I hear people saying there is a rotation of buying. Like if stocks are down and bonds are up, that peopel are 'rotating out of stocks into bonds'. This does not make sense to me. For every buyer there is a seller. So if somebody sold stocks to buy bonds...who did they sell the stock to? They sold it to somebody who wants to buy stocks. So if one person sells stocks to buy bonds, doesn't that mean the guy they sold it to sold bonds to buy stocks? I think all that is happening is a reassesment of values... I don't think it has anything do to with buying vs selling. [more]