Bipolar — that’s the one word that stock strategist Peter Boockvar of Miller Tabak + Co. uses for the stock market. Ain’t it the truth. And don’t get me started on Apple. Multiple personality, maybe. Erik Swarts, the blogger behind Market Anthropology, says the parabolic ascent of Apple is a signal that the monster rally in the stock market is meeting its maker.
I recently performed a little analysis, Freudian style, for time.com of the wild swings in the stock indexes. Session I (so depressed) is here; Session II (happy, happy, happy) is here. Stretch out on the couch, and let me know how you’re feeling about the markets.