Posted by DigiNomad on 8th of Jan 2024 at 02:53 pm
We were expecting a rally, but every big ignition day we've had
in recent memory was sparked by news related to Gov spending... at
least loosely (Yellen, then Powell, now Congress). All Gov spending
rallies have gone further than anyone expected. Not much
reason to think it will be different this time.
We were expecting a rally,
Appears we are at the 61.8 retracement from the start ...
Posted by DigiNomad on 8th of Jan 2024 at 02:53 pm
We were expecting a rally, but every big ignition day we've had in recent memory was sparked by news related to Gov spending... at least loosely (Yellen, then Powell, now Congress). All Gov spending rallies have gone further than anyone expected. Not much reason to think it will be different this time.
Yep - bring out Spanky
Posted by steve on 8th of Jan 2024 at 02:53 pm
Yep - bring out Spanky