Last week, was depressing if you're heavily invested in stocks. Monday was gloomy too, but yesterday things are happy again. Today starts out nicely and then not so good. Hour by hour the picture changes. From this distance, it's a bumpy ride. Oh boy, what will the rest of the day and tomorrow be like?
There are buying and selling motivations everywhere with pieces of news (a.k.a. data) indicating what will happen next. Lots of those bits of information include talk about market reaction (trend) and the direction of the moment. From close in (short period - like a day or even a week), the market's face is inches from the glass, studying its own reflection - easily spooked. Boo!
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