A Stock Market Re-Entry Point. Here Is How To Play It.
From Greg M
Lions…
After Trump’s DEMAND that the Fed. lower rates, and we NAILED that one to the wall! (They make it WAY too easy for us to know what they are going to do), the SP500 closed at a new record high.
What we want to see is a pull back and hold above the December SP500 high of 6,088 followed by a move higher.
In my opinion, this would be a good re-entry point back into the market.
I would also like to see the MMRI drop below 300, but, I may still consider getting back in with out that.
I will keep you posted.
What are your thoughts?
GM
I'm thinking $3,000 gold & $40 silver.
Cash is still paying 4%. Are we really going to gain a lot more than that for the risk we are taking at all time highs???