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  • Technical Analysis & Charts | Trader Talk | Futures | May 12, 2015, 1:15 PM

    Market Tells Are More Useful Than Predictions or Comments

    Market Tells Are More Useful Than Predictions or Comments

    There was a slew of talk and predictions over the last few days that were to serve warning over equity market players, but what transpired as another up week with another very strong day on a Friday, the second consecutive big gain to end a week.  On Thursday we heard some 'off the cuff' comments from Fed Chair Janet Yellen, her thought that equity valuations were 'quite high', yet we know that condition is rather arbitrary.  Maybe she commented with a 'wink' to the markets.  The valuation[...]