Yes
Short term volatility anybody’s guess, but more stability after mid January likely, hopefully some stability on Trade
The S&P is going down Another 10-12% from it’s recent 2300’ish LOW. Guaranteed. Cash is King. You should be in 4-5% long duration Laddered CD’s, and Long TVIX-I am up over 211% in TVIX since mid October.
This is the Market for the Insane Investors
It’s an overvalued market created from cheap money and foolish use of financial leverage. Of course Cramer’s solution is more cheap money in an effort to support the Ponzi scheme. Now or later true value will be reflected in the price.
Here’s what I don’t get. Positives today after 1300 points off bottom. Nothing positive end of business last Monday.
Pfffft try crypto this ain’t nothing.
Now, he sees some positives?
We just rallied 6.5% in two days. He always sees the positives AFTER a rally. It’s comical.
Beware of the Pundits at CNBC who Scream.
YOU SAID
SPY Technical Alert: Breakout Watch: Above 248.87, Target - 258.1 (Profit - 4%) Breakdown Watch: Below 244.6, Target - 235.4 (Profit - 5%) Money Flow: Extreme Bullish; Option Sentiment - Bearish. Call Notional - $108,361,000 Put Notional - $179,016,000 SPY
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