Next Week on Wall Street: Perception is Everything

Published: March 19, 2010 | 5:24 PM

This week Jerry compares and contrasts the market participants response to a few announcements that can be taken to be positive or negative, depending on one's perception. So far the market has rose colored glasses on for most news market related. Due to the ever shrinking volume, if perceptions were to ever change, Jerry warns that the exits could become very crowded very quickly. For now Jerry feels the bullish bias is intact as we come to the close of the first quarter, even though technical and fundamental danger signals abound.