Daily Reading on the Financial Markets: 1/30/13
Chris Kimble notes that the Dow Jones is testing resistance that dates back decades.
Charles Hugh Smith decries the increasing portion of GDP made up by Financial Services.
At Humble Student of the Markets, Cam Hui – who has correctly remained bullish since the fall – suggests the current conditions match those that typically precede a correction.
Walter Kurtz at Sober Look points out that consumer confidence and the equity markets are marching in opposite directions, something that is unlikely to last: