In any case, it's hard to imagine the markets sustaining such a rapid climb without
some sort of pullback.
That being said, it's hard to imagine the markets sustaining such a rapid climb without
some sort of pullback.
I am sticking where I am at and have cash waiting in the hopes of seeing a chance of seeing
some sort of pullback.
Many traders were likely looking for
some sort of pullback in copper toward the end of last year after the market's remarkable run from December 6 to December 28 — a stretch of 15 consecutive days with higher highs and / or closes that took the March futures 12 % higher to $ 3.31 / lb.
Not exact matches
Similarly, we always take the same approach on the long side when buying
pullbacks of strong stocks; we wait for a
pullback to form some
sort of reversal pattern before buying (rather than trying to catch the bottom
of the
pullback).
«Whenever we're buying any
sort of investment — whether it be a stock, commodity, bond or currency — we want its trend to be positive, for it to exhibit strength versus the market and relatable assets, and for it to ideally be in the midst
of a
pullback within the prevailing uptrend.
It's funny how stocks can go up for years and break all
sorts of records, and then we all flip out when the
pullback we've been begging for finally arrives.
More and more financial columnists I follow are pounding the table for some
sort of equity market
pullback in what has been a relentless climb higher.
The unspoken inference,
of course, is that all this represents some
sort of departure or
pullback from the IPCC findings.