So no one has ever heard the trading maxim "markets climb a wall of worry"? Really?
Your right. No my right.
Check out the chart of this index at the bottom of Greed and Fear. It's not moving how it typically does, especially this year.
Gotta love ZERO RISK in the SP500 = $$$
- Thread starter makloda
- Start date
Check out the chart of this index at the bottom of Greed and Fear. It's not moving how it typically does, especially this year.
Looks to me that the gauge is grinding lower as the indexes grind higher. No?
And that's what odd. In the past when the gauge was near 20, there was some sort of selloff, be it minor like the small corrections in 2019, or more dramatic as we saw in 2018 with the taper tantrum or last year's flu.
Fear, there is no fear if there was why are the markets making all-time highs weekly. Well, let me explain. There is an outfit called the FOMC, they have unlimited money and are pushing all markets higher...yea all.....Soon the prices of rocks will rise to the moon. That's what happens when you flood the markets with dollars....The most distorted allocation of capital in history.
Unbelievable the gift that keeps on giving
There were some sell offs it was by sector. Indexes aren't going to do anything dramatic the most likely result is moderately up like in 2019 imo.
Your first and possibly only post is so great you might as well never post again!
If your aboard this free money train to the Land of Hopes and Dreams, stay on! But remember to get off, aka sell everything or close to it, when the yield curve inverts and buy back in in the next recession. This is how I'm playing it.
10-20% down incoming