Might as well make it 7250 after that comment, maybe even 7500. ...will be near 10,000 by end of 2026!!!
All i know is that there isn't a need for rate cuts. .... This would create an even bigger bubble and thats the last thing we need...savers should enjoy their 4% savings rate...why hurt them.
So today's down move has to do with Canada and 35% tariffs. I highly highly highly doubt he stays with 35% tariffs... this is just another scare tactic, in a week or 2 it will readjust to 10 or 15% and markets will skyrocket. Dow futures drop 300 points after Trump unveils 35% tariff on Canada
Hope all are enjoying the ri$$k free monies Not a penny of ri$$$$$$k After the high on the 3rd the S&P fell to 6205, then bounced back to a new high on the 10th of about 5 points above the earlier high. Its only made the situation worse. LET THE CARNAGE BEGIN
How was I wrong? It made a V and is a flat day, plus Thor has been wrong every time. It's already a week later and this is above where it was on the 3rd. The dude gets one take an he prematurely declares victory only to be wrong. His big drop in May and June never happened.
You people need to do better. We have been chopping around this week. But this market can't and still won't go down. So I don't need to hear the same stuff over and over again. Even if it's not going up today, it certainly is not going down. Real red days are illegal and have been destroyed. The V force is too strong to overcome and no drop will ever survive.