Not always, sometimes shit just happens (like August). Quite a few things near technical edges/reversal areas, etc right now - but we shall see. Sure would be a "bummer" if Draghi didn't deliver enough.
Not sure why you need to take reality to extremes, it's all about cycles or did you already forget how we opened this year?
SMH....semiconductor ETF went from $54.89 on June 28th to over $64 a share this morning in less than a month.....up 17% Talk about a huge huge huge return.....
once that green line breaks and is retested, i'll be short for all i know it could be a 10 year bull market, it's hard to short even at all time highs
Oil tanking again...just about to break $40....should get interesting if it starts to really fall apart and head back to the low 30s.... Surprised to see the markets holding up as well as they have with oil prices tanking.
From Twitter: Since 1950, the S&P500 has gone up 5 straight months 23 times. 1 year later the market was higher all 23 times.
Gotta love those market data statistics... I read at least one of those statistics a day...90% of the time the statistic shows a positive return for the markets...
Those type stats make me think of people trying to find patterns in baccarat...nonetheless 23 times is more than a lot of these type market stats I usually see.