I am with GM when he says the market is going much higher, but I think yesterday's rally in the market was a yellow flag. Thinking about it, institutional investors dumped their shares slowly over the past week and a half to not trigger over a negative 2% close in any indices...and when Russia finally invaded Ukraine, the market reacted similarly to "Sell the News" behavior. The amount of calls and buy orders yesterday was unprecedented and actually worrisome in my opinion. I believe the market and FED know something is going to be stirring the markets later down the road and they are setting the market up for it right now. To back this, another yellow flag came out of international markets. Nearly all world indices are up right now to compete with the U.S. rally yesterday, which is extremely suspicious. In my opinion, something else is going on, and I think more volatility could be entering the market soon, especially as we approach the FOMC next month. I will not be holding anything over the weekend until the market is certain what the FED is pricing in and what else is building up, but I will be buying the dips. Holding may have greater rewards, but it's just too risky. If there is something else going on, I think the MMRI will have some flags over the next week. Will be paying close attention to it.
I can't believe you called him "the mental midget" recently 🤣🤣🤣😂😂😂! I was laughing so hard that I had to replay the entire ten minutes a couple times, and thank goodness I wasn't eating or drinking at the time! 🤣🤣🤣 I think that description couldn't be more spot on. I will adopt the appropriate nickname for that one, who only cares about himself yet keeps asking "what should WE do?" LOL
Greg, are ya gettin’ any sleep?? Thx for keeping us lions updated constantly! You are appreciated big time!!
I am with GM when he says the market is going much higher, but I think yesterday's rally in the market was a yellow flag. Thinking about it, institutional investors dumped their shares slowly over the past week and a half to not trigger over a negative 2% close in any indices...and when Russia finally invaded Ukraine, the market reacted similarly to "Sell the News" behavior. The amount of calls and buy orders yesterday was unprecedented and actually worrisome in my opinion. I believe the market and FED know something is going to be stirring the markets later down the road and they are setting the market up for it right now. To back this, another yellow flag came out of international markets. Nearly all world indices are up right now to compete with the U.S. rally yesterday, which is extremely suspicious. In my opinion, something else is going on, and I think more volatility could be entering the market soon, especially as we approach the FOMC next month. I will not be holding anything over the weekend until the market is certain what the FED is pricing in and what else is building up, but I will be buying the dips. Holding may have greater rewards, but it's just too risky. If there is something else going on, I think the MMRI will have some flags over the next week. Will be paying close attention to it.
I can't believe you called him "the mental midget" recently 🤣🤣🤣😂😂😂! I was laughing so hard that I had to replay the entire ten minutes a couple times, and thank goodness I wasn't eating or drinking at the time! 🤣🤣🤣 I think that description couldn't be more spot on. I will adopt the appropriate nickname for that one, who only cares about himself yet keeps asking "what should WE do?" LOL
I'm getting good at predicting where the MMRI is going just by looking at the dx and 10yr yield.
its a PPT miracle!
What's the "warning" now?