So much for the Obama bounce! It appears as if it was a buy on the rumor; sell on the news with President Obama’s inauguration. Statistics have shown that the inauguration is a loser for the major markets most of the time. Add to that the fact that earnings season is off to a rough
October’s historic volatility proves itself yet again
Earnings continue to come in better than expected, but the market refuses to move higher so it may be safe to assume, at this point, that the proverbial bar was set too low again. October has a history of being one of the most volatile months throughout market history and this year that belief held