Most definitely He even thinks so Strategist Jeff Saut says the stock market bottom in, predicts new S&P 500 record before year-end PUBLISHED TUE, APR 7 20207:46 AM EDT https://www.cnbc.com/2020/04/07/jeff-saut-says-market-bottom-in-sees-new-sp-500-record-in-2020.html
But they expect them to be terrible numbers, so if there only Terrible Ish and the media put a spin on that, then up they go, it's about perception not reality. I called Long YM 21000 area, cause D1 uptrend. * * no way I can trade with the required 1200SL, 20 SL tops.
He’s been repeating the same thing every day for the past 2 weeks, while everyone was criticizing him. I give him credit for standing up against everyone and still being right.
I know, but how/why some traders figured out that Fed is propelling the current market, while others haven’t?
The 2Tril stimulus package, wasn't to feed the homeless after this mess is over, it's to buy stocks and low prices, then sell them back at high and make a profit Nobody does nothing for free these days.