For Stocks To Move Higher, Leadership Must Comes From The Locker Room
(Forbes) — Barron’s nails something important about this past week’s big bounce in stocks – he’s basically saying that all the fundamental and technical analysis you want can’t even touch the power of a mightily wrong estimate in terms of moving the markets. To wit, we did not have a “good” August jobs number, but we did have a number that was much better than the consensus punk estimates – and that was all we needed for some up-field progression.
