Loading ...Fib Retracements
To date:
DJI 58%
S&P500 66%
ND Comp 86%
ND100 93%
DJ Trans 45%
My take is the young gun wants to go to new all time highs, the senior averages are saying not so fast. And Dow Theory says we are in a bear market with the Trannies showing the most weakness. We shall see…..
Great info!!! Thanks.
All the economic news must be very bullish:
Unemployment rate: 20
# un employed: 22 millions
GDP growth rate: – 5%
Market cap to GDP ratio: 138%
Debt to GDP ratio: 100%
FED buyer of all Treasuries
Americans deaths average 4000 per day.
More expected deaths 100000+ did I miss zero??
Buy Buy Buy!!
Wrong, wrong, and wrong!!!
Source: http://www.shadowstats.com/alternate_data/unemployment-charts
(Note: I have been following Mr. Williams for over a decade now, ALL THE WAY through the prosperous times of the “O” potus terms !!!
Unemployment rate: 35%
# un employed: 55-60 millions
GDP growth rate: – 25%
Market cap to GDP ratio: 300%
Debt to GDP ratio: 200%
FED buyer of all Treasuries (AND THEN SOME !!!)
Americans deaths average 4000 per day. (FROM WHAT ???)
More expected deaths 100000+ did I miss zero?? (FROM WHAT ???)
GL
Sorry, “prosperous” was used sarcastically, forgot to put the quotes around it.