Goodbye tracking stocks – don’t hurry back

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It’s time to permanently bid adieu to tracking stocks, says rob_cyran.

 

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Belgique Dernières Nouvelles, Belgique Actualités

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Say goodbye to the Nasdaq Composite's 2018 year-to-date return as stocks hit sessions lowsMany people were right, Donald Trump really is running the country like one of his businesses.
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This chart shows how closely the stock market is tracking a selloff from the 1950sInvestors shouldn’t try to use it as a playbook for the current pullback, but it is worth noting that price action in the stock market over the last 12 months correlates most closely with the period running from October 1956 to October 1957, says technical analyst Jeff deGraaf. Did they have algorithms and computers doing the mass tradings back then? Nah. PPT will rig it up. Powell will be flexible. No such thing as recession. Buy buy buy. People see what they want to see. I have seen the charts for a Bull case too.
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