From my last post a couple of weeks ago:
"""""Throughout history of the US stock market, massive death has been bullish.
Wars, natural disasters, terrorist attacks, civil wars, pandemics and so on have always been associated with rising stock markets. It is simple: the more people die, the more money is printed, which goes to the banking system and ends up in stock indexes.
Right now the new wave of infections and deaths is the best news for stocks. Taliban winning the war can lead to terrorist attacks, which adds to the bullish case as well. Crime wave in the US and the rest of the world helps too. If we get a devastating hurricane or an earthquake, S&P will become unstoppable. A bloody war would propel it to 10,000.
I'm leveraging long this morning. S&P and NASDAQ 100. And don't ask me about stops. Stops are for shorts. You don't need one if you are long these two indexes.
Now we got a hurricane, a new terrorists' threat, fires, September - October bad wall of worry, Fed tapering wall of worry, and most importantly a bunch of new COVID variants.
Still long, still leveraged and still think that the Chief is a chicken with a horrible record in bonds. Really brother? Inflationary call for the last 30 years??????????????? You have been thinking for 30 years that inflation will prop up stocks. Deflation did! The money you made in S&P equals to the money you lost in fixed income. You know it, I know it, every sub knows it and every hedge fund who rejected you knows it (including me).
and S&P 10K is really close.
More top calls please!!!!
2 + 2 = 5