S2007S takes a lot of flack on these boards . Although i'm a stone cold killer trader that only cares about bank i do have incredible knowledge and brains . If your human then you must at time's analyze things and think for yourself . If valuations have no relevance in investing then the fed should just mandate the mkt like a cd and give everyone 10-15% a yr .If somebody can no longer question the valuation of the mkt without being ridiculed then were basically robots.If we lose the ability to question why something is happening thats very sad . But the truth is i don't give 2 shits were the mkt goes just so i'm on the right side. Now back to the grind. lol
I'm mostly a value based investor and in this aspect S2007S has very weak judgement. It is what it is. S2007S questions the value of the market at all times and assesses a PE of 4 or 5 on it and assumes that's where US indexes should reside. It's pure nonsense.
Fed will be back to make sure this doesn't happen. There’s a wave of selling estimated to be in the billions that’s about to hit the stock market PUBLISHED TUE, JUN 23 20201:18 PM EDTUPDATED AN HOUR AGO https://www.cnbc.com/2020/06/23/the...ions-thats-about-to-hit-the-stock-market.html
There was a research recently that antibodies last 2 months on average So you will possibly need a shot every 1-2 months
You are at the same time sure that the fed will save the market and also sure that the market will go down. Are you OK?
So basically, bulls are once again fuxX0r#d, just like they were at end of last quarter. Thanks for the good news.
Bulls? Fuxked? Haaa. No way...in fact the fed will just increase its money supply as this rotation occurs. Have zero worries. By the end of June the nasdaq should be at 10500