Small Cap Network Blog

Well, here it is at 2:00 PM my time (Eastern Time), and what started out as an uneventful day got even more uneventful. (Is that even possible? Anyway…) I attribute a lot of it to expiration week….and expiration day to be more specific. With many investors on the last vacations of the season, a tepid week already, and with all the bears and bulls making some sort of exercise decision with their options that ends up collaring most stocks, the market’s pretty much stuck.

I don’t want to discount another contributor to the lethargy though…the market was basically flat for the week as of yesterday’s close. In the same way gains breed more bullishness and selling fosters more bearishness, stagnant stocks breed disinterest. Looks like a lot of people checked out before the day even started, so I’m not going to try and make something out of nothing…at least when it comes to a market call.

I do have a couple of other blog entries to get through the day though. (I find the market’s quiet time is when I can actually get things done, and post some meaningful comments.)

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