"Our lives begin to end the day we become silent about things that matter."
Martin Luther King Jr
Stocks moved sideways today as traders squared positions ahead of the three day weekend for Martin Luther King Day.
Have a pleasant weekend.
“Some economists, when thinking about long memory, are concerned that it undercuts the Efficient Market Hypothesis that prices fully reflect all relevant information; that the random walk is the best metaphor to describe such markets; and that you cannot beat such an unpredictable market. Well, the Efficient Market Hypothesis is no more than that, a hypothesis. Many a grand theory has died under the onslaught of real data.” Benoît B. Mandelbrot
17 January 2014
SP 500 and NDX Futures Daily Charts - Marking Time Before a Three Day Weekend
Stocks moved sideways today as traders squared positions ahead of the three day weekend for Martin Luther King Day.
Have a pleasant weekend.