I have a study about how much the S&P usually goes ( percentage-wise) before a big correction. I don't have the figures right here with me but I don't think we are there yet.
I'm bullish in the short term seeing as many of the 2019 concerns are subsiding and election talks haven't heated up yet. Trade war progressing positively, brexit not really a thing anymore, bond yields increasing and fed pumping liquidity into the repo market. Kinda hard for me to justify getting bearish in the next couple months. Only twitter will tell...
at 1:30 it shows the fund flows... if the market went up this much in 2019, while the fund flow was negative, that tells you one thing - the smart money was buying and couldn't get enough of it. now you tell me where 2020 is going.
To be clear, absence of a unified-majority government is bullish for the stock market -- party does not matter.
that maybe true evidenced by 2019... but what do the dems have to offer as tail wind to the economy... mueller shit show followed by the impeachment shit show... nothing but dead weight. a lot more got done in the 2017 and 2018 when the GOP had both chambers... and the monumental tax cut probably would have been in question if Pelosi had the house.
The day you post a trade we’ll be flying in hover cars. Market closes at ATHs and 10/10 NHs the following year. Now THAT is some prescience!
Sorry, I find it hard to believe that election of a socialist carrying a Democrat membership card will be bullish for the Dow.
I certainly hope he posts a real trade soon, because I want flying cars, DAMN IT! I do not want to die before we have flying cars!