Everyone on Wall Street were expecting market to crash if trump got elected. Opposite is happening now, which means Wall Street doesn't know much.
Wall Street knows a lot more than we do. They will never reveal their intentions, just like poker players won't show u their cards or a boxer would never tell you where next punch will be coming from.
Wall Street is full of idiots and unethical ppl. What they are good at is giving false information and reporting good for nothing news. Or coming up with buy or sell recommendations after the fact. There is a reason I manage my money.
Of course not, but that's what makes them so easy to beat. It is a game. And it changes everyday. Algorithms, HFT's, hedge funds that have six figure research budgets ....and the Street in general..... are very easy to beat if you can read the herd mindset before they even know where they're at. Its almost too easy. You need $'s though to truly win.
This time around, this is the greatest game of all-time. You don't think Trump knows the markets will move on what he says? He met with Wilbur Ross today for Christsake. Follow those links I posted under IWM to see what this is all about. They can't announce anything until Wall Street positions itself accordingly. Hey I agree with TopHat.... the markets ARE overvalued.... but it is what it is.... this time is diffferent. Too much euphoria does not mean a correction looms. We might get a minor one..... and I hope we do.... but our markets are heading north. As I have said before.... this bull is in its infancy. _______________________________________________________ Wiiilllllbuuuur. (only the old school guys will get that)
Maybe TopHat should put some skin in the game. We should make a bet. My bet is this is still a bull market. We will see 1-3 months from now where we stand. I am trading accordingly