Lack of fundamentals in stock markets

[YukonCornelius]

It just amazes me at the lack of fundamentals in the markets.

OH MY, Greece related news on Tuesday = Stocks down

...Wednesday stocks up. It's only one day later, nothing has changed?!?!


OH MY, FOMC or other related meeting accouncement on one day = Stocks down

...meeting occurs stocks are up.


OH MY, markets are up...CITI or whoever amounts to 20% of the trading volume!


Rigged, manipulated? Just a bunch of goof balls? Thiefs? Insider trading?

[Jazkal]

Track the after hours futures trading, see what that tells you.

[Sparky]

Fundamentals move secular markets (i.e. decade-long trends), and to a lesser degree longer cyclical markets (1-2 years). They don't correlate to shorter cyclical trends (months), swing trends (days to weeks), and daily moves. So don't expect them to, regardless of what the headline may say.