$SPX - Chart Link- Monthly chart shows the
entire move from 2009 lows (If 5 waves have completed (not
confirmed yet) you could see a major unwind over the next few
years.
The question for all of you to ponder, is what would be a
catalyst to take the market back up to new highs? Make no
mistake these moves up were driven by easy money policies correct?
What is happening now with the FED? Certainly the
market looks ahead but are all these upcoming actions by the FED
priced in or nearly priced into the market - or are market
participants just beginning to realize what may be in store?
You decide and formulate a plan.
I don't have a crystal ball but caution is warranted until
EVIDENCE changes. All evidence based opinions are welcomed as
I'm not a soothsayer.
One thing I do know is that our economy is highly levered (when
you consider all the gov't corporate and consumer debt).
Rates have moved up substantially so think about how that
will impact the economy. Think HARD
Posted by tradesavage on 5th of May 2022 at 08:35 pm
the bigger bigger picture running through my mind is the
classical conditioning behind our economy. we know the
backdrop with several potential scenarios. a population that
has been conditioned to easy money and entitlement for two decades
brings a questionable definition to the word "recovery."
Bigger Picture Views to Keep Perspective
Posted by steve on 5th of May 2022 at 05:48 pm
$SPX - Chart Link- shows the Fibs just from the March 2000 lows
$SPX - Chart Link- Monthly chart shows the entire move from 2009 lows (If 5 waves have completed (not confirmed yet) you could see a major unwind over the next few years.
The question for all of you to ponder, is what would be a catalyst to take the market back up to new highs? Make no mistake these moves up were driven by easy money policies correct? What is happening now with the FED? Certainly the market looks ahead but are all these upcoming actions by the FED priced in or nearly priced into the market - or are market participants just beginning to realize what may be in store? You decide and formulate a plan.
I don't have a crystal ball but caution is warranted until EVIDENCE changes. All evidence based opinions are welcomed as I'm not a soothsayer.
One thing I do know is that our economy is highly levered (when you consider all the gov't corporate and consumer debt). Rates have moved up substantially so think about how that will impact the economy. Think HARD
the bigger bigger picture running
Posted by tradesavage on 5th of May 2022 at 08:35 pm
the bigger bigger picture running through my mind is the classical conditioning behind our economy. we know the backdrop with several potential scenarios. a population that has been conditioned to easy money and entitlement for two decades brings a questionable definition to the word "recovery."
Steve I guess with all
Posted by amcap on 5th of May 2022 at 06:26 pm
Steve I guess with all that money floating around we go higher in that 5 th wave you were showing LoL