lol War in the Middle East causes maybe the S&P to give back one days gain, nasdaq still up huge. Bounce is already happening off the lows and vix dropping fast
Use these dips to get in or add to your long position. Today was a gift, I hope know one got shook out. This is an election year, Trump will say and do everything he can to make sure the stock indexes stay elevated. Powell is afraid of Trump and will provide limitless amounts of federal reserve notes to keep everything overbought.
Haha have to love how the vix is down considerably and markets up from Dec.31st levels and the only news is the Middle East conflict. Once people stop talking about the Middle East look out!
Woo new highs of the day, worst case they have a war in the Middle East and the federal reserve just prints more money. They can’t have a down market during an election
By that measure, the climb by the S&P 500 SPX, -0.51% to territory above 3,250 — it stood at 3,240 after midday Friday — would mean that the average employee, with an hourly wage of $28.29, would need to work 114.88 hours to buy a single unit of the index ($28.29 x 114.88 = 3,249.96), representing one of the loftiest levels on record, according to data from FactSet and the U.S. Bureau of Labor Statistics. https://www.marketwatch.com/story/t...ours-to-buy-one-unit-of-the-sp-500-2020-01-02