Loading ...Will The Stock Market Make A Statement
I contend the stock market is about to make a profound statement on not just the economy but the situation in the country as well. I believe the market, where the futures are currently up (nothing unusual) will begin to selloff at exactly 12 Noon when “illegitimate joe” is sworn in. The averages will never exceed the highs set this morning until “illegitimate joe” and or his successor, leaves office on Jan. 20th 2025.
With interest rates near (or below) zero, there is no place else to make money right now. We are due for a pull back, but macro fundamentals say the market keeps going up.
Many stocks, especially gold and silver and numerous smaller companies will keep going up. The averages weighed down by the overvalued FANMGS will keep the broader averages below their recent highs.