SentimentTrader

    Posted by steve on 18th of May 2021 at 05:10 pm

    Thanks to continued erosion in the faith and credit of the good ol' U.S., $EEMrallied more than 1.25% today versus more than a 0.75% decline in $SPY. 

    That's happened only 3 other times since $EEM  inception nearly 20 years ago.

     2008-01-18 

    2009-03-03

     2015-08-25

    Thanks Steve. Great work and

    Posted by rfa300 on 18th of May 2021 at 05:40 pm

    Thanks Steve. Great work and lookback on this! Not getting political, but we all know who was in office during the time frames you're mentioning. History has a funny way of repeating itself, just like chart patterns! 

    Of course that's political, but

    Posted by z0ned on 18th of May 2021 at 07:54 pm

    Of course that's political, but I am missing your connection between Bush Jr (2008-01-18) and Obama (the other 2 dates).

    After the Jan '08 occurrence,

    Posted by rjdst on 18th of May 2021 at 06:01 pm

    After the Jan '08 occurrence, market chopped sideways for 4 months before starting the MBS/CDS/CDO induced crash.

    A few days after the Mar '08 occurrence, market began its epic bull market run 

    After the Aug '15 occurrence, market was up sharply for two months, retraced to end the year, then blasted higher again.

    Honestly not sure what any of the means or portends (though doubt it has anything to do with political figures).  

Newsletter

Subscribe to our email list for regular free market updates
as well as a chance to get coupons!

A Paying Customer's Thoughts:

I give BPT my highest recommendation

Michael Bozic member since 09/07/2020

Read More Reviews