Tuesday was one of those days when a market watcher just could not make fundamental sense of price action that occurred in many markets.
Respected gold market watcher Jeffrey Christian of CPM Group said Monday afternoon in an interview with CNBC that a market top in gold may be near.
FORBES: Comex Gold Goes Parabolic, Hits New Record High of $1,782.50
No surprise then that market watcher Gartner just lowered its 2011 PC growth forecast from 9.3% to 3.8% and its 2012 figure from 12.8% to 10.9%.
The bullish arguments for the market continuing its run can probably be recited by heart by every serious market watcher, with continued prospects for global monetary easing topping the list.
FORBES: 'This Market Has Room To Run...Or Not?' (What The 'Experts' Are Saying Now)
There is not one trader or investor in the market place, who has been at it for any length of time at all, who has not been humbled by the markets, including this veteran market watcher.
Veteran market watcher Jim Stack, editor of Investech Research is bullish on stocks, and recent data from the Economic Cycle Research Institute showing leading economic indicators at their highest level in more than 20 years reaffirms his outlook.
While we hesitate to say the few-stock strategy is the magic elixir to investing success for all seasons (because no such thing exists), there's no denying it requires an involved market-watcher.
Again, this should not have been a surprise to any astute Apple watcher as Google Android has widely been expected to gain market share.
"China still needs America's market, needs to keep the U.S. dollar strong, and also needs the U.S. to open its market to Chinese export, " said Yan Xuetong, an America-watcher in Tsinghua University.
According to GigaOm tech-watcher, Kevin Tofel, HTC could pull back from its U.S. market adventure and refocus on spreading its tendrils throughout the massive Asian consumer base.
FORBES: Is HTC Retreating In The Face Of iPhone And Samsung?
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