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S&P 500: 1,317.11 Change: -0.21%
kapilricha1
kapilricha1
P&P Score: 98.35   Points: 29.18   Accuracy: 53.85%   Average Pick Score: 1.13   Annual Return: 26.49% (71.77% since 9/10/09)  

kapilricha1's Blog : Linking Market with World news

Date October 6, 2009    Comments Comments (1)    Recommended (50)   
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I personally think that market is not only driven by fundamental or technical factors of a particular stock but it also has a big ripple effect of the market conditions and news around the sector or stock worldwide. For example if there are some impact on the oil sector then stocks would start going down for some time until the next positive news for that sector comes.

Again the effect is not same on each and every stock of the same sector but volatility vary according to companies fundamental aspects. If a company fundamentals are good then no matter what it will come back to its good price range again.

Any comments...


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Author JoeJustJoe     Date October 6, 2009 14:27 Abuse this post Report Abuse
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What about the flip side....whenst grossly overvalued crap moves higher on news? Like today fer instance it twas announced that somma the Middle Eastern countries are going to be diversimafying thur Earl holdings away from the U.S. dallah. You saw the reaction in the precious metals, Earl as measured by USO gapola'd up.... and the U.S. dallah as measured by UUP gapola'd down. Noooow...everybody and thur brutha "knows" the U.S. dollar is going lower...and now we have news that "appears to "verimafy" that. Are you saying the dollar is suddenly gonna do an about face once "the news" wears off? Or are you saying the news verifies what everybody and thur brutha knew all along? >>> the dollar sux and will continue to suck. ??? BTW, NE1 that says they can pick entry into ANY stock, commodititty, index, ETF, etc etc based on funnymentals is FOS. You are welcomed to chime in concerning gold, silber, Earl, the U.S. dallah, or ANY thang else you wanna mention. Name the stock...give me the funnymental reason to buy....give me the entry price...and we'll track the sumbeeeyotch from thur. :-) 3J
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