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Nebuchadnezzar

08/07/20 4:34 PM

#323486 RE: TechniTrend #323480

you do know that this all ends badly right? bubble stock markets lead to crashes. some win some lose huge. the winners pay insane amounts in taxes.

uncle sam will likely be getting half of all the stimuls money back in 2021, maybe another trillion or 2 in 2022.

that money comes out of the economy for a while.

3350 on the SP 500, mainly lead by AAPL MSFT AMZN FB GOOG HD DIS and a few others is very unhealthy.

3350/$200 in earnings for 2021 is PE of 16.75, not exactly cheap

the new stimulus package is likely already priced in, but anyways, i do like your technical work, but eventually the FED has to start monitoring the WEAKER dollar
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TechniTrend

08/10/20 7:21 AM

#323559 RE: TechniTrend #323480

premarket