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Mascoutah, Illinois | I wish there was a way to buy options on "uncertainty" in the marketplace. It appears we have a full-blown bullmarket in this area. The two places which appear to be the most attractive are "long dollar" and owning bonds.
Could the markets be any cloudier? Markets hate uncertainty and we are getting ample doses of it in the following areas.
1. Is Bernanke being reconfirmed?
2. Is Turbo Timmy Geithner really out next week?
3. How long will Chinese banks stop lending?
4. Will Greece finally blow up along with Dubai?
5. What banking regulations will this administration put in place?
6. Will the Democrats all get on the same page or is is every man and woman for his or herself with the elections staring them right in the face?
7. Will the State of the Union Address offer up more suprises on Wednesday?
8. Will the Tea Party continue to ride the momentum?
It appears the headwinds are going to get tougher for the time being and that means pressure to the downside.
THIS WHOLE MESS IS STARTING TO RESEMBLE THE EASTER EGG HUNT ON THE LAWN AT THE WHITE HOUSE.
"LIKE SANDS THROUGH THE HOURGLASS, THESE ARE THE DAYS OF OUR LIVES."
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I am turning bullish: Sector (Uncertainty)
