Rates? Valuations? London? Israel? Commodities? Your neighbor's cat?
How about "Money Managers and Performance Measurement"?
<=== A.K.A. "Trading places" effect ( for movie buffs like myself :) - remember Eddie's rationale as "Why we should NOT buy before Christmas"?
Think about dim witted portfolio manager (I don't want to insult all portfolio managers, but I happened to know some really moronic ones) for mutual fund who will get paid based on quarterly/half year performance of his assets under management. June 29th is the last chance to cut under performers, take some profits on "winners" and chaotic attempts to position portfolio for the next quoter.
It might not make a lot of sense to retail traders who only think "year end tax selling", but it makes hell of a sense for "professionals".
We ( small fishes - retail traders ) will stay in the game, will not let negative emotions caused by meaningless market volatility to affect our best judgments and hopefully next week will bring low volume short lived rally we will be able to capitalize on. Just don't forget to sell on holiday's week - week after Big Guys are going to be back from vacation and will take us ( me and you - small timers) to the cleaners.
Happy 4th of July and ... Good luck.
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