Sorry!! The article you are trying to read is not available now.
Thank you very much;
you're only a step away from
downloading your reports.

Random Thoughts: Social Unrest and Risk Rotation

By

Volatility is a trader's best friend -- but be careful!

PrintPRINT
MINYANVILLE ORIGINAL

Editor's Note: Todd posts his vibes in real time each day on our Buzz & Banter.

So many times, it happens too fast; you trade your passion for glory. Don't lose your grip on the dreams of the past, you must fight just to keep them alive.
-- Survivor

There's been a lot of motion in the global stock market-and the world itself, for that matter.

Indeed, the single most important article you read this week may well be this missive by Ambrose Evans-Pritchard regarding social unrest in Spain and how protestors "will have to respond with all rigors to the grave accusation of high treason under the jurisdiction of military tribunals."

Talk about a tricky trifecta of societal acrimony, social unrest, and geopolitical strife!

We've been talking about this continuum for years-the "other side" of the stateside policy framework-and it's unfortunately proving true with each passing day. As social mood dictates financial markets-with or without infinite stimuli-we would be wise to pay attention.

How do you trade that? Carefully.

How do you prepare for what's to come? Stay SAFE, smile plenty, hug your kids, and teach them empathy and understanding. Regardless of which side of the aisle you're on heading into the election, we can all agree that our children will bear the brunt of the policy decisions we continue to witness.

We owe it to them to make smarter decisions.

Trading the Tape!

Please see the snapshot of the 30-day NDX daily chart below. We are currently trading "in and around" levels last seen prior to when QE-Finity! was announced by the Federal Reserve.


Click to enlarge

Whether this is a healthy retracement-Technical Analysis 101 dictates that the time to buy a breakout is upon retest of the breakout level-or a reversal of fortune through the eyes of social mood and by extension the stock market (the world's biggest thermometer) will write the tale of our forward trail.
< Previous
Position in FB, QQQ, GOOG.

Todd Harrison is the founder and Chief Executive Officer of Minyanville. Prior to his current role, Mr. Harrison was President and head trader at a $400 million dollar New York-based hedge fund. Todd welcomes your comments and/or feedback at todd@minyanville.com.

The information on this website solely reflects the analysis of or opinion about the performance of securities and financial markets by the writers whose articles appear on the site. The views expressed by the writers are not necessarily the views of Minyanville Media, Inc. or members of its management. Nothing contained on the website is intended to constitute a recommendation or advice addressed to an individual investor or category of investors to purchase, sell or hold any security, or to take any action with respect to the prospective movement of the securities markets or to solicit the purchase or sale of any security. Any investment decisions must be made by the reader either individually or in consultation with his or her investment professional. Minyanville writers and staff may trade or hold positions in securities that are discussed in articles appearing on the website. Writers of articles are required to disclose whether they have a position in any stock or fund discussed in an article, but are not permitted to disclose the size or direction of the position. Nothing on this website is intended to solicit business of any kind for a writer's business or fund. Minyanville management and staff as well as contributing writers will not respond to emails or other communications requesting investment advice.

Copyright 2011 Minyanville Media, Inc. All Rights Reserved.

PrintPRINT
 
Featured Videos

WHAT'S POPULAR IN THE VILLE