"Man can believe the impossible, but can never believe the improbable" - Oscar Wilde
Welcome to the 'Week in Review'.
So beginning on July 13, 2009, we began what has been called a massive 'upwards slide' in equities. At the same time, the credit markets decided to reverse, and towards higher rates (remember, look at the credit markets in relation to the stock market).
But everyone wants to continue to talk about the stock market. So let's do that. Let's talk about that stock market rally in this week in review ...
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Note: This is not an investment or trading recommendation. The losses in trading can be very real, and depending on the investment vehicle, can exceed your initial investment. I am not a licensed trading or investment adviser, or financial planner. But I do have 13 years of experience in trading and investing in these markets. The Challenge accounts are run for the education of other traders who should make their own decisions based off their own research, and tolerance for risk.