The S&P 500 topped at 3017.8

It was called TARP (better known as money laundering from Main Street to Wall Street) in 2008. I wonder what they will call it this time around?

 

Next SPX top will be 3104.75 with a variance to 3144.75

Lower objective 1 will be 2903

Will post updated chart tomorrow

 

Market cap to gdp is soaring. Approaching now almost 150%......


That's just a little bit of information you should take with you....

 

Are you still short?

 

3% is a long way to wait for.

 

This is probably the 10th article I have read that if warren Elizabeth wins president next year that markets will plummet....
Will they yes of course but will she win president, No so why these articles keep popping up is beyond me.


https://www.cnbc.com/2019/11/05/tud...der-warren-up-another-15percent-on-trump.html

 

Look at the spread between ECB rates, BoJ rates, and US Fed rates. There's a couple points of room.

 

Union households will NOT vote for her. The union management will naturally bankroll the Dem nominee - but no household will give up blue chip healthcare benefits that they bargained 75 years for. No way.

 

Forecasts for 3200 today. Unstoppable market lol....

 

The same forecast were made by numerous sources earlier this year including by myself. Those forecasts were ridiculed on this site like it was an absurd idea. We are only 4% below that level.