DOW 50000 by end of year if all it took to rally markets was pumping a trillion or two into the system
BTW, you are free to read or not read my posts and I will not be going back to dredge previous posts or extracts from those posts to try to "convince" you of anything
Been here since the last century & will continue to post in this Great Forum that has withstood the asininity and arrogance of many. Thank you, Mark.
Yay!! And love the morning posts, hint hint lol!!
LOL
Not much to say except the market is grinding higher but due for a pullback that can be retrace a few % or as much as 25% before the December/January rally kicks in.
This from Tom:
A few weeks ago, I spent some time doing a Q4 market outlook for EarningsBeats.com members and I laid out the path to substantially higher prices. It's starting to happen and it's going to happen. I see 3200+ on the S&P 500 by December 31st and here's the pattern that gets me there:
I know many might think I'm crazy, but I would not be at all surprised to see the S&P 500 at 4000 in 2020. How's that for 20/20 vision? Ok, we'll have to wait a year to see if I need glasses. :-)
https://stockcharts....e-piece-79.html