Gotta love ZERO RISK in the SP500 = $$$
- Thread starter makloda
- Start date
For those playing the Ivy Portfolio Game, it appears you'll be getting long the TLT (or IEF) tomorrow. I know, Fed raising interest rates, GDP is supposed to pick up in the second half, rising international inflation.... madness!
The market is a beautiful and rather simplistic thing -- I would hardly call or describe it as a 'mad house'
Nice GIF though...it never rains, but it pours,
Ignore the earnings and lets call it a fake market!!??!!111one!?!eleven!!!
After all this time, still ZERO risk going long in this market. This is why.
http://www.econmatters.com/2017/06/a-totally-rigged-market-with-world.html
http://www.econmatters.com/2017/06/a-totally-rigged-market-with-world.html
I've been wrong before and will be wrong again (maybe this time) but my current EW wave count SPX daily chart looks ominous:
View attachment 176056
The growing bear sentiment is setting up for a year end rally.
Also growing bear sentiment in the news:
GMO: The S&P 500: Just Say No
and
Wall Street Banks Warn Downturn Is Coming
When was the last time Wall Street ever warned the masses that the end was near?
These people will end up being rally chasers:
The Thread that Never Dies!!!