Market Noise
Filed Under Market Commentary |
What is Market noise and who generates it? Any news oulet via it be tv, newspaper, magazine…etc all create market noise. It distracts you from an objective analysis. One paper, I must say does not create much noise and that is the IBD…I have a link in the right hand column. Read it…but back to the point…how do you get away from noise? Don’t pay attention to what others are saying. Completely leave them in the dark. Ignore them period.
The “ELITE” (thanks Bill O) media would love the american public to think that the end is near…WWIII is just around the corner. UAE controlling ports (leases, not security) and so on and so forth.
What do you need to look at?!? S&P 500/Russell 2k/Dow/Nazdaq to name a few. Pay attention to price/volume action along with # of new highs/lows. This will paint the picture of the market.
Remember, do the work by yourself…unless you want to be lead by the sheppard!
happy trading
NOIZ/EZEN/TSTA/PRFT
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