MINNEAPOLIS ( Stockpickr) -- They say market participants are gluttons for punishment. Indeed, even in this rollercoaster market, investors keep coming back for more. While the economy may be sluggish, the search for profits continues. Greed is alive and well, thank you very much.
Stocks ran the table last week, with five straight days of gains. Fears of imminent collapse in Europe were temporarily on the back burner. But what happens today? Stocks plunge at the open on fears of a collapse in Europe. The rollercoaster continues.
Are you confused yet? You are not alone. Even the pros are flummoxed by this market. On the surface, it would appear that we are left to simply guess where the market will go. On a daily basis, the uncertainty is remarkable.
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