Yesterday we gapped down 200 DOW points and reversed. I dont believe today repeats that action. Today should be a Gap & Go, possibly closing at LOD.
NOTICE everything is selling off...stocks, bonds AND gold. Cash is the only risk-off, safe haven Asset today. Has anyone noticed money market and high yield savings account rates lately?
Go to Purepoint Financials site; they online savings account is yielding 1.60%
This new trend will drive savers Out of stocks and back into safe, money market accounts. I took some profits myself last week and transferred the proceeds to this aforementioned savings account.
No replies to this topic