Unlike traders, the most stressful part of my day comes at 4 p.m., just as markets close and I have to make sense of investors’ latest behavior for Barron’s evening newsletter, Review & Preview.
On some days, there are obvious explanations for the market’s action: Stocks move in direct or inverse relation to a data point. Other days, that relationship switches midday, leaving many of us scratching our heads. On slower summer days, as of late, I might struggle to find any relationship at all.