Yup and same thing about anyone cheer leading. Price will do what it does whether or not we complain OR cheer.
Another interesting note, the IEF triggers a buy signal at month's end it holds above 102.30 according to the Ivy Port..
Last 19 instances? Urban Carmel needs to look at his SPX chart again. In particular 2008 and 2009 after 2006-2007 had months with gains 5 months in a row.
Ok people you know the drill, index futures rise overnight 76% of the time. So easy making free money. Tonight is no different.
find a bar graph of industrial production year over year growth (currently at highest level in 2 years).. as long as that's trending higher tells me the economy is firing on all cylinders and the stock market will be in BTFD mode. thats my signal at least
There must be hundreds of instances where people use historical data to assume future predictions and every single time I see one it's a totally new one that I have to just sit back and laugh at!!