The markets continue to be choppy and anemic. The unemployment rate continues to be a static dismal. Bonds continue their extended period of out-performance. The Federal Reserve's rhetoric seems to be borderline exhausted and apocalyptic. Retail investors have all but given up on the equity markets. Faith in the U.S. President is hitting new lows. Volume at the exchanges has been thin and dominated by trading systems. The financial media changes their outlook daily. The stock averages have been range-bound for months. Is this just the August Blues or something much deeper. The strategies are basically: 1. Wait-do nothing 2. Attempt quick in-out trades or "scalping". 3. Ignore everything and try to pick the few individual stocks in companies that are doing well despite the markets.
We will wait and watch while looking for a few "scalping" opportunites at the technical support levels.
