What can possibly stock this raging market up 20%+ in last month?
1) If the FED tightens too much?
2) If companies start warning on earnings.
3) If Bond yields and Oil prices rise.
Watch out out for any warning shot.
That would be any 2-3% down day on bad Inflation news.
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Has your opinion changed at all about sept and Oct? Do you think we could have hit lows? Would love to know your intake or opinion on the next couple months ;)
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Walmart gave warning, went down and then now it’s almost back to the same level 😂
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This is until proven otherwise a bear market rally. From Nov 21 2008 to Jan 6 2009 we had a 27.4 percent bear market rally. 2 months later the market made a new low.