Buy the f''king dip. Inflationary pressure in the US. Normally, this should lead to an increase in rates, but does not seem like that's ever going to happen? So, inflation rising = stock market rising. Correct? I know there are many who predict this monetary experiment ain't going to end well. I may be one of them. But the timing aspect is the tough part. And the alarm bells have been going on for quite some time now.
Everyone is trying to figure out what the f''k this means, but I suppose everyone quickly realizes it's business as usual. Looking for a 76 print from here. Could still roll over and sell off on the day. If no resistance @ 76 - up we go.
Need some type of macroeconomic news that’s completely unpredicted by the models. Kinda like covid. Nothing dropped the market until the unpredictable pandemic. Now, every macro economic scare is just fear. Nothing to back it up just yet. Pure predictions by economists and media. Pre covid u also had Bernie the commie ahead of the nomination front. therefore, if u want the markets to follow through to downside, we need the unpredictable. Once u see it, react. 2008? Un predictable, but react when u see it. That’s my advice anyway. In regards to this market, it’s nerve racking but easy. Buying the dip without Regards to price action is tough to do but it has been working