Today the update of the LMP Indicator has risen to the level of an alarm. And, I hope BAA has some positive news to their shareholders.
EIGHT Breakdowns in the important components of the Indicator just TODAY! The Markets seem to be shouting about a likely decline appears to be in the offings. Hopefully this may not come to pass at a tough time of trials and tribulations in our nation and the world community.
An effort to undermine the authority and independence of the Intelligence community in the last few months was not a good thing for our nation... at home and around the world! Furthermore, I think it was imprudent, unwise, undermining! One has to wonder why it was done. What reasons lies behind it? Just politics? Premature strike? Hiding something? Very sad!!
Against that backdrop, the hearings on Monday were disturbing. It must have likely caused some concerns to business insiders. Otherwise, how to explain the big fall in the Markets? Although its also good to be aware that we have had a long bullish market for 8 years! That was rather among longer ones in bull markets looking back for many decades.
Few times in the past, warnings from the LMP Indicators came and later they subsided without an impact. And, after the election, the markets rose on hope for change. The picture that is being painted at this time is very much in contrast. We shall see what may unfold this time.
Different times, indeed. I have not shorted markets or stocks before. Surprisingly, I feel interested this time... even though I feel shorting goes against my grain. I am surprised I even did a search after this update today... about inverse ETF's. Any input in this area with posters with expertise and experience, is welcome. GLTA
