You guys just won't see the obvious. Mr. Dump's mad policies are beginning to bite. The S&P is headed for a major crash SOON and will go below 2,000. Simple really. There is comeback on being insulted. That and crazy policies too.
While I am anti-Trump I do not follow your rational. His policies are pro business and pro stock market prices. The one major reason of the sell off yesterday is the uncertainty whether the health care changes will pass or not in order to get to tax reform. It is pretty certain his health care "adjustments" will pass one way or another. Not that I think they will benefit anyone. But I look at things from a market perspective. The only reason some Republicans are not on board is that the healthcare "reform" does not go far enough for them, meaning, an even more extreme version of Obamacare repeal will definitely get enough Republicans on board to have it passed. Hence I look to be a buyer in this market as soon as the scared longs have been shaken out of their positions.
Julian Emanuel (market smart chap) from UBS calling for an imminent 5-10% correction, followed by a knee-jerk extension to upside.
Financial advisers have a poor track record on the whole. Buffett himself has called them out, saying that passive funds outperform them. Experts always seem to have the need to predict. Trading is not about predicting, have lost count how many times I've said this. Ramoutar, the fact you mention this harms your credibility.
Your hit-rate dropped to 98% when you shot down my post, Mr. Zzzzz. You're not a fucking GOD here. Learn some humility. I spot BS in your BS. Stop trying so hard to "be all that". You are NOT at the top of the heap! Get over yourself! Post a live journal, or GTFO!
He mentioned it on CNBs. While I give l I know Emanuel well, in spite of that, I don't agree with him. I don't give credence to most analysts. However, I always listen to what the analysts say, as that is what the herd follows. I count on my own analysis, that is what's worked for me. Refer to the first post in this thread. And thank you themickey, thank you for being concerned about my credibility. Cheers!
So who are you? A self proclaimed analyst? Financial advisor? What's your acumen to lend you credibility?