I'm going to be out in the bush next week, but the pols ought to settle their differences soon enough and write some more checks from the Future.
Friday, August 7, 2020
Stimulus, please!
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I'm going to be out in the bush next week, but the pols ought to settle their differences soon enough and write some more checks from the Future.
12 comments:
Mrs. G gave me a full week for the trip -- NINE DAYS with the weekends.
I can do a lot in nine days.
Where are you going camping? By the time you get back do you think Tech will be 12,000?
https://www.wta.org/go-hiking/hikes/windy-peak
Fresh highs.
Good articles, Have you heard of Mr Benjamin, Email: 247officedept@gmail.com --WhatsApp Contact:+1-9893943740-- who work with funding service they grant me loan of $95,000.00 to launch my business and I have been paying them annually for two years now and I still have 2 years left although I enjoy working with them because they are genuine Loan lender who can give you any kind of loan.
hope everyone is doing well.
still see no reason to sell this market. the new bull is only 5 months old.
t-minus 16
Salesforce.com replacing Exxon Mobil in the Dow Jones Industrial Average. Incredible.
Software stocks either in the midst of a structural reset that results in an epic parabola (chart-wise) or this is an exhaustion gap. We should know soon. The gap in $IGV would likely need to fill soon, and there would likely need to be serious selling pressure in the next few days for the latter to be true.
Market's going to crash if Powell doesn't advocate an inflation target policy of 10% monthly.
First bounce at 2130, lads.
Nothing happened
Forget about, trump is the president again
My trend following strategy has me selling 1/2 of my QQQ position at the close today. That will leave the allocation: 47% QQQ, 47% cash, 5% TZA, 1% UVXY. Only two instance while in this position since 1972 did the NASDAQ make any meaningful gain before the trend turned negative - 1983 and 2000 - both of which were bull ending blow-off moves. The other ten times the trend turned negative without any further gain at all. Thus, I'm expecting volatility to surge in the non-too-distant future.
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