26 replies to this topic

[redfoliage2]

https://www.zerohedg...ans-next-crisis

Edited by redfoliage2, 03 August 2020 - 08:36 AM.

[redfoliage2]

It's interesting to see that in this unprecedented economic time the stock market has become just a measurement and a container of the liquidity, not a barometer of the economy ................

[redfoliage2]

This will come any time this week:

https://www.cnbc.com...employment.html

[redfoliage2]

Expecting new highs in NAZ and SPX to follow ...............

[redfoliage2]

ST target for NAZ:  11340

[redfoliage2]

NYMO is turning positive from last week's negative territory..........................

[redfoliage2]

One of my favorite indicator is NYHL and it just made a new high since the bottom in March in a very bullish configuration  ..........

Edited by redfoliage2, 03 August 2020 - 09:57 AM.

[pdx5]

Comments posted on Yahoo Finance are funny. Most are confused and disappointed the market keeps going up in spite of the GDP fiasco. Most WANT market to go down. Could be political wishful thinking knowing the crowd which hangs out on Yahoo boards.

 

Like you said "stock market has become just a measurement and a container of the liquidity, not a barometer of the economy".

More so now than before!

[redfoliage2]

More so now than before!

Very true, but many street analysts and fund managers don't understand this, or refuse to accept it, they just keep fighting against the Fed, and so against the market........................

Edited by redfoliage2, 03 August 2020 - 12:06 PM.

[redfoliage2]

VST the market is poised for a breakout pending a catalyst that should come on time ..................

Edited by redfoliage2, 03 August 2020 - 12:16 PM.