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The market is going to be very volatile at least until the mid terms. Buckle up, it is going to be a bumpy ride.
Great opportunities to make money, and I'll stick with my standard disclaimer, Trump, Obama, Bush, or any of them...minimal if any impact on the markets, you are all being lied to.
I’m 95% in Techs mainly because I’ve been in IT FOREVER. I’ve done well (obviously). 3 days ago I got 90% outta the market. Nasdaq is down 5% in the last 5 days including 2% today. So, I’ve saved 4% in 3 days! Nasdaq is now up only ~8% YTD
Reasons why the Market is volatile/stagnant:
F’ing Moron’s (thanx Rex - I couldna said it better myself) tariffs w/China, which, of course has a lot to do w/techs. This trade war ain’t dying anytime soon, so, I’m sitting out for now. (97% of Senators are against these tariffs. P.Novarro, Director of White House Trade Council, proclaimed that “China won’t retaliate our tariffs.” Well, it took China ~10 minutes to retaliate, and they keep retaliating). Trump - aka “idiot/dope” (McMaster), aka “unhinged/idiot” (Kelly), aka “like 5th or 6th grader” (Mattis) - has no clue about tariffs
Rising interest rates due to heated economy. It’s debatable if cutting taxes stimulates the economy other than in short-term, but, does ANYONE believe that stimulating an already growing economy is a good-idea?? The Fed has to raise interest rates to prevent economy from over heating and to keep inflation in check. I don’t have an MBA from Wharton, but I know that rising interest rates cause the market to pause at best.
Trump is costing me Bigly $$$ - all he had to do is do nothing, and we’d all be better-off
Great opportunities to make money, and I'll stick with my standard disclaimer, Trump, Obama, Bush, or any of them...minimal if any impact on the markets, you are all being lied to.
What about the Fed ? You think they have any control ? Interest rates ?
That's what is getting the blame by a lot of financial media.
Everybody panic! I want to buy in at lower prices!
Say Freak, should I buy now, or wait for still lower prices?
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