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Frustrated?

By Ilene
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 Bespoke Investment Group’s observation may explain why.

Quantifying Frustration

Excerpt:  "How do you quantify frustration with the market?  The chart below may help.  Recently it seems that every time the market has an up day, it goes down the next day by a greater amount than it was up.  Based on a historical analysis of this scenario, the last 50 days are about as annoying as they get for the bulls. 

As shown below, an up day followed by an even greater down day has happened 15 times in the last 50 trading days."

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Note: The material presented in this commentary is provided for informational purposes only and is based upon information that is considered to be reliable. However, neither PSW Investments, LLC d/b/a PhilStockWorld (PSW) nor its affiliates warrant its completeness, accuracy or adequacy and it should not be relied upon as such. Neither PSW nor its affiliates are responsible for any errors or omissions or for results obtained from the use of this information. Past performance, including the tracking of virtual trades and portfolios for educational purposes, is not necessarily indicative of future results. Neither Phil, Optrader, or anyone related to PSW is a registered financial adviser and they may hold positions in the stocks mentioned, which may change at any time without notice. Do not buy or sell based on anything that is written here, the risk of loss in trading is great.

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