It is said the market is always 4 months ahead of the economy. If people think the prospect of economic situation is better 4-6 months from now, they put in money in the market. Investment, in essence, is always about and for the future. right?
Signalling 2030 after the great depression, famine, WW3 is going to be a good decade. 20's, thinking about cyro sleeping the rest of them
So stop listening to the pundits. They are paid to talk and sell subscriptions. If they were actually good at trading / investing, then they could be making more than enough money simply doing that.
Indeed. RSI showing overbought conditions. Wouldn't surprise me to lose half the gains we made going into Thursday and Friday after 3 huge days of gain.
Overbought? We’ve been overbought for weeks and the market still won’t downtick for more than half hour before the buy algos kick in.
Even if somehow that happened it would be a blessing for the market bulls because the Fed/government would immediately jump in with another few trillion in stimulus and we would be back to new highs in a few weeks with more rocket fuel to launch. There is literally zero risk anymore. The Fed has shown that Don’t fight it