Yawn, people drink too much soda pop, they are getting fat as corn fed pigs, ( corn syrup ) and it’s the business of government to stop them.
.
The markets:
Q: What is holding up the extended market ?
A: EOM ( end of month) but more so,,the anticipation of a flow of money coming in from the fed.
I think the fed has a meeting march 3.
Will they raise interest rates, or won’t they ?
Folks in the market seem to think the fed will not.
Q: Where is the market going ?
A: In my best guess, the over bought, extended market is going to hold here, +/- through eom, then until the fed meets, and reports, then after, when the fed stays on hold, we could likely take another leg …….. UP !
My two secret indicators are saying; market pull back, and they have never been wrong, butt, it looks like they are wrong this time.
Yawn, people drink too much soda pop, they are getting fat as corn fed pigs, ( corn syrup ) and it’s the business of government to stop them.
.
The markets:
Q: What is holding up the extended market ?
A: EOM ( end of month) but more so,,the anticipation of a flow of money coming in from the fed.
I think the fed has a meeting march 3.
Will they raise interest rates, or won’t they ?
Folks in the market seem to think the fed will not.
Q: Where is the market going ?
A: In my best guess, the over bought, extended market is going to hold here, +/- through eom, then until the fed meets, and reports, then after, when the fed stays on hold, we could likely take another leg …….. UP !
My two secret indicators are saying; market pull back, and they have never been wrong, butt, it looks like they are wrong this time.