In this short series, you'll see striking similarities between today and previous important market junctures.
At those junctures, the markets easily fooled most investors. They were like lemmings, following the prevailing sentiment.
These (free) excerpts come from our monthly Financial Forecast’s Investor Psychology section. Each new issue has this section, to set the stage before giving you our latest U.S. market forecasts.
We hope it helps you see what’s going on in the markets today -- and stay alert.
In a nutshell, Charles Dow's famous theory says that the Dow Jones Transportation Average and the Dow Jones Industrial Average must go up or down together -- to "confirm" a bull or bear market. But can you apply this theory to markets like bonds? Yes. Watch our Interest Rates Pro Service editor explain how.