Futures bright green. Repeat. After job numbers tomorrow the markets should rally again all day into the close. Free free money....
But what if the numbers show a contraction? After all, all the blowhards who said we were heading into recession in 2019 now say it will be in 2020. lol!
The S&P 500 is now more overvalued than ever, per this measure By Chris Matthews Published: Jan 9, 2020 7:23 a.m. ET https://www.marketwatch.com/story/t...er-per-this-measure-2020-01-08?&mod=home-page
Nasdaq is up 5% from the overnight dip on Tuesday! Stay 100% long and borrow to BTD and then sell at new records!
Jobs reports do not matter, poor earnings don't matter, as silly as it sounds it's true. The Central Bank is flooding the markets with fresh printed cash. In the short term we will have dips and such, mark my words they will not lest this market correct more than 5%. It really is a risk free market.
This is becoming somewhat of an important situation. As I said earnings will have to skyrocket in order for these stocks to justify their extreme valuations. But nothing to see here..move along haha https://www.cnbc.com/2020/01/10/sto...up-but-earnings-are-failing-to-keep-pace.html