Monday, October 09, 2017 2:17:06 PM
ER is coming- aside from tariffs that's the only thing that matters. If they can show continuous growth amidst the declining residential markets, we might hit 2$ in the near future. If Tariffs happen- we might hit $1.
But to come here and say "most people should care about this" is to simply inject fear. A clear attempt at a push southbound. There's no reason to speculate even on the Tariffs. Captain T is simply too crazy to be able to predict an outcome. We all know the Tariffs are dumb- a money saving attempt by a couple of foreign companies. If they are enacted- the economy will struggle further, the market could just use that as a reason to collapse.
Regardless- there's no prediction to make. If bulls are still long, will they lighten up due to this risk? Highly doubtful. Missing the "probable" positive ER is too much of a carrot.
Only invest what you want to lose.
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