SubscribeAll Posts Tagged With: "big money"
Where the Big Money is Betting Big
For years, investors have debated whether the big money is the smart money.
The basic premise is the big money (the mutual, pension, and hedge funds) will buy into a “hot†sector. And continue buying into it as long as it keeps going up. The ongoing buying pushes prices up. As a result, the big money looks like the smart money most of the time.
Just take a look at the market swings over the past decade. The big money was buying large-cap growth and technology stocks in the 90’s. For nearly a decade, the big money was the smart money. The…
18May2009 | Q1 Publishing | 0 comments | ContinuedThe Final Hurdle for Gold May Have Been Passed
Bloomberg declares, “Gold Soars to Highest Since July.”
A Wall Street Journal headline proclaims, “Gold is Flirting with $1,000, Again; ‘There’s No Sign of the Market Tiring.’”
Yesterday gold surged another $30 an ounce surpassing $930. And the mainstream media is getting on board in a big way.
Now, we can debate all day whether this is the time gold runs back to $1,000 and beyond. Or whether this is just another short-lived bounce which could run out of steam at any moment. Frankly, the exceptional volatility of the gold market has taught me only time will tell.
What I can tell you…
12Feb2009 | Q1 Publishing | 0 comments | Continued
Loading ...
