You've got a lot of factors lifting stocks today, ... You've got all the tech upgrades, money flowing out of gold, oil and the bond market, and the ISM this morning was all-in-all pretty good.
You've got a lot of factors lifting stocks today, ... You've got all the tech upgrades, money flowing out of gold, oil and the bond market, and the ISM this morning was all-in-all pretty good.
What's happening today is very telling of where the market is right now. Typically, when there is negative news people tend to make 'flight-to-safety' moves into bonds and gold, but that isn't happening. That tells me that asset classes in the near term are very tired, and that we could see more of a pull back from here over the next few months.
You've got the Dow transports crushed, gold is up, the insurers are down and the high techs are really tanking,
© 2020 Inspirational Stories
© 2020 Inspirational Stories