Donald Trump is going to win the election (says the stock almanac, and a 100 other indicators). Though nothing tangible in regards to the economy will change overnight, this will cause the mass selling wall street insiders have been hard at work creating. They will then purchase their millions and millions of shares back, scare everyone into believing there's another recession looming which will help stock prices soar well beyond all time highs, maybe even double the level we are at 5 years from now. BD
Ok, Timestamp: SPY $212.55. I'll be back on November 9th: a. with a healthy portfolio b. to say I told you so c. OR to say I was wrong, but it was still worth protecting downside when upside is this limited. THIS IS HOW WALL STREET BUYS AND SELLS STOCK. THEY NEED MAJOR PUBLIC INVOLVEMENT TO GET IN AND OUT OF MILLIONS OF SHARES.
I think Trump is a landslide winner and the market is going to hate it. The lower highs are indicating the direction.
Any investors feeling nervous about the market's complacency? You should. See above. My simple advice is to go 25% cash or buy downside protection depending on the size of your portfolio (the bigger the portfolio, the more expensive buying downside protection gets). As a disclaimer, I firmly believe that long-term investors should buy and hold as part of a diversified portfolio. However, in this instance the risk to reward is just to juicy to ignore. P.S. Fuck Wallstreet and its merry band of wholesalers
The S&P is only 4% off its high. There is still time to protect your investments. All the growth has been Google, Facebook, airlines, large healthcare providers,etc. The common link is they all have an unfair advantage working directly with and/or for the government.