Funny thing is S&P 500 did not even flinch and VIX actually closed lower. Looks like the market no longer takes Trump seriously anymore.
If ya don't like what the other guys is posting, let's try this one: There's quite a long runway of gains ahead.
blah blah blah. So every prediction I make is nullified because of that April thing? Ok sure. I don't care. People need to get over it. Market still isn't capable of having any pullback that can survive more than a day. Every drop is forced to V. That is just fact. It doesn't matter, how why, what happens, that is reality.
Ryan Detrick is pretty good, although he does come off as a bit of a permabull. When is the last time it has paid to exit this market for a substantial amount of time? Basically post Bear Stearns / Lehman Brothers until March 2009. So 16+ years ago. There is too much debt service in the West to ever have another sustained market correction anymore. I believe that is the real reason for endless V recoveries so @v-shape-0DTE is correct. I doubt there is anyone dumber than Powell and the Fed. When the Fed was buying 1% Apple bonds in April 2020 was Apple about to go bankrupt? Buying Mortgages when rates were 1-2% in 2021 a year after the Vaccines were already distributed. Hard to find dumber people than this Fed. Oh and then 9% Inflation was transitory.
Yes, because you were and still are the most arrogant prick on here and you got humiliated by the market. If you want to be treated with respect, stop being such an arrogant prick.