There is only one side of the market and it is not the bull side or the bear side, but the right side.
June 11, 2014
It’s 9:30 in the morning at the New York Stock Exchange. A man presses a button that rings a bell and opens the exchange for business. Behind him is a giant billboard with 500 individual lights. Each light represents one of the 500 stocks in the S&P Index. On a typical day 485 bulbs may flash green signifying stocks that are...