Sunday, August 31, 2014

The Lenny Kravitz Market ~ It Ain't Over Till It's Over

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The Nasdaq closed last week at its highest level since 2000 as weekly volume came in at its lowest level in the last nine weeks.  

With the Labor Day holiday marking the end of the summer doldrums, volume levels should start to pick up and have more meaning as the next earnings season approaches.

Despite never ending headline risk from the Middle East, the Ukraine, the U.S. QE and economic policies, etc., this market sings like Lenny Kravitz,  "It ain't over till it's over."