Featured Post

1021. Humpty Dumpty Joe [Biden]

 I've been quiet enough. It took me a long time to get on Obama (OBlunder) when in his times he screwed up America along with his sideki...

Tuesday, August 7, 2018

810. Market to flat line before the slide?

Got a signal from Sam today. She predicts the market will flat line to try to release an excess of hot air before heading to cooler heights. We have enjoyed a 4.27 % increase since post 809 signal, which experienced a 24581 bottom the 2nd business day later. Sam likes to warn a few days early, so, do what you have to do. I sold a couple calls so far. Hate to be a half-emptyperson, but the dog prevails coming to predictions.

Let's see: we're still fighting the trade wars which we'll win, but it is already addressed in the market long-term. Short term jitters should dampen that a little. Last time I saw so much acquisition action the market dumped big time, so that is out there and I believe not reflected in the market yet. The drug stocks have resisted and weathered the naysayers, like Icahn re CI and Express Scripts; but time always wins out sooner than later. Major industries had players going after others. And the big factor is the clueless media who always runs opposite the tide, now reporting S&P could see upward bounce of 10%. (Sam lifting leg on media)

Whatever, play if safe.

No comments:

Post a Comment