MQG 0.04% $203.81 macquarie group limited

held the 30 and 50 day MA crossover, for now....HOWEVER,Comment...

  1. 1,002 Posts.
    held the 30 and 50 day MA crossover, for now....HOWEVER,

    Comment from Zero Hedge website today regarding SP500:

    While we are the last to put much weight in the predictive power of technical analysis, lately it has become all too clear that the only thing more worthless than technicals is fundamentals. Which unfortunately means that with the lowest common denominator (and marginal price setter) in the market being robots, in turn programmed by 20 year old math Ph.Ds who only know charts, it may be time to revise our skepticism.

    In other words, fundamentals mean nothing right now... What a sad, sad, state of market we currently live in.
 
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