When you define the term, "Whipsaw", you could just point to the swings in the market this past week as the prototypical definition of the term. When I told you in last week's letter to expect some significant volatility, I...
Wall Street continues rally as investors regain hope on a resolution in Europe and the U.S. staves off another shutdown risk. Commodities also rebound after major drops.
Investors may expect a bounce today, but anticipating a market bottom is premature. There is more downside as the market seeks comfort level that discounts uncertainties.