DislikedI made some $ in stock today...but I cannot figure out what the heck is going on...the economy is in deep trouble...Master O has a huge deficit, the health insurance companies are at the edge of total destruction, the banks are in trouble..he is losing popularity, the consumers are not consuming...and the stock are raising!?..where the earnings coming from?......just the effect of dollar devaluation?
I keep tell myself:....'Man, you have not idea what PA will do in Forex...so get use to the fact that you have no idea what the DJ will...Ignored
Understand this is a traders market, not an investors market and look for those retirement investors that still have some in the market from their Retirement Funds/401k's to dump soon as fear of losing the remainder for their savings will not be allowed. US fig's are being pumped in an effort to maintain a not so bleak outlook... if all we heard was doom and gloom (reality) like the end of last year.... go figure.
A soft crash landing is trying to be engineered, the other scenario is flaming devastation. But there's no positive outlook while Unemployment hovers in double digits and tax hikes are expected.
It's no better in Euroland, but as the Dow soars so will commodities and the Greenbag will devalue as offbets like we saw in the run up prior to the crash, when commodity prices skyrocket with Dow and dollar falling, head for the hills
fwiw,