Macneil curry says stocks are going to soar!!! What have they been doing for the last 5 years? Its funny to see people chasing stocks when just 5 years ago everything was more than 1/2 off... Most stocks are up hundreds and even thousands of percent since 2008-2009...those same stocks will not see those types of gains in the next 5 years...meaning there is more risk buying after this 5+ year bull run then just staying on the side and waiting for the eventual drop of 30% or more to come ... Here is the link. Says s&p will soar to 2080 by end of 2014. Hey with the fed backing up the market this is a risk free trade ...you can't lose money....the fed has more QE coming on any 3-5% dip..... Link http://www.cnbc.com/id/102131831
Was just thinking about that week and a half sell off and thought how many people were panicking only to realize after the fact that the fed will always save the market...no such thing as market corrections ...no such thing as bear markets...no such thing as recessions ...they will not let any of these take place no matter what...if any of these do take place there is usually an emergency fed meeting during market hours to keep everyone calm....after that they initiate more QE...
5 more minutes to show time. Again no worries since yellen is going keep everything dovish... She will keep all "key phrases" intact so the markets don't worry