EWT’s Hochberg continues his pathetic gibberish in the guise of wise Buddha like sayings:
’Inertia grips the S&P 500 as today’s 0.39% trading range was the smallest of the year, as shown on the Bloomberg chart above. Low volatility precedes high volatility and inaction leads to action, so expect some wide-ranging days in the not-too-distant future.’
No specificity, no plan or action of how to use this ‘insight’.
In todays world of actual research capability, he mutters the equivalent of ‘this too shall pass’, or ‘tomorrow is another day’.
Thank you Steve ‘Scarlett O’Hara’ Hochberg.