{"id":177,"date":"2009-07-01T10:09:00","date_gmt":"2009-07-01T14:09:00","guid":{"rendered":"http:\/\/www.intuitiveinvestor.com\/web\/?p=177"},"modified":"2018-08-23T09:40:45","modified_gmt":"2018-08-23T13:40:45","slug":"another-possible-reason-for-the-markets-going-sideways","status":"publish","type":"post","link":"https:\/\/jasonapollovoss.com\/web\/2009\/07\/01\/another-possible-reason-for-the-markets-going-sideways\/","title":{"rendered":"Another possible reason for the markets going sideways"},"content":{"rendered":"<p><span style=\"font-size: 16px;\">Yesterday it occurred to me why the financial markets might have been going sideways for about 2 weeks&#8230;window dressing. What the heck is that? Window dressing is the age old practice of portfolio managers, who have had good performance in a quarter, selling their stocks toward the end of the quarter in order to lock in their gains.<\/span><\/p>\n<p><span style=\"font-size: 16px;\">The end of the second quarter is an especially important quarter end for portfolio managers because they are required to publish semi-annual reports for shareholders. I am guessing the selling activity we saw at the end of the quarter, which was largely taking place in the absence of significant news, was motivated by window dressing.<\/span><\/p>\n<p><span style=\"font-size: 16px;\">If I am right, then that means that good news during this earnings season is likely to attract lots of cash and we are likely to see a lift off in share prices.<\/span><\/p>\n<p><span style=\"font-size: 16px;\">Jason<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Yesterday it occurred to me why the financial markets might have been going sideways for about 2 weeks&#8230;window dressing. What the heck is that? Window dressing is the age old practice of portfolio managers, who have had good performance in a quarter, selling their stocks toward the end of the quarter in order to lock [&hellip;]<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_et_pb_use_builder":"","_et_pb_old_content":"","_et_gb_content_width":"","footnotes":""},"categories":[3],"tags":[],"class_list":["post-177","post","type-post","status-publish","format-standard","hentry","category-the-blog"],"_links":{"self":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/posts\/177","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/comments?post=177"}],"version-history":[{"count":0,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/posts\/177\/revisions"}],"wp:attachment":[{"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/media?parent=177"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/categories?post=177"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/jasonapollovoss.com\/web\/wp-json\/wp\/v2\/tags?post=177"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}