The message of the market today is that there is a lot of money on the sidelines and that money was looking for a reason to buy. And the main reason to buy is that we're going up. Momentum builds on momentum.
The message of the market today is that there is a lot of money on the sidelines and that money was looking for a reason to buy. And the main reason to buy is that we're going up. Momentum builds on momentum.
I think the main thing that's going right for the market is that we still have a very healthy economy, with rising earnings and benign inflation. On a technical side, I think the correction ended three weeks ago. The market has been slowly recovering its sea legs. We had five days up in a row on the Nasdaq composite, and that is the reason why the profit taking yesterday. But the big picture still remains very positive,
© 2020 Inspirational Stories
© 2020 Inspirational Stories