Too bad there isn't a way to short Patrick Mahomes rookie cards.
Gotta love ZERO RISK in the SP500 = $$$
- Thread starter makloda
- Start date
Ok three weeks after this post when bulls were supposedly screwed. Let's look at NA index performance since ( Oct 5 - Now ) : SPX +5.5% ( 4345.72 - 4583.90 in futures ), TSX + 5.5% ( 20183.43 - 21284.84 ). WTI roughly from 79 to 83+. Chances of an epic selloff soon are basically negligible.
5% down in September off the ATHs ( basically 0% in Canada ) is not a "sell off" it was consolidation and sector rotation in what is normally the weakest month of the year. Market weakness ? Come on now we are making new market ATHs. I had no problem finding pockets of strength in September. A true sell off when it occurs will likely start with a 3-5% gap down one morning that sticks and I doubt we get it this year. The same drop over a month is nothing.
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Earnings up, stocks follow. It doesn't get any easier than that.
Now those are my kinda numbers!