The market has become so efficient at pricing things in that we can now fit a three-month correction into about three trading sessions and be back at all-time highs a few weeks later.
Yes, the S&P 500 fell 2.6% last week, but this was after the largest 9-week win streak return ever (19.0%).
Just know that the 10 other times stocks were up 9 weeks in a row they were higher a month later 9 times.
This means the next three weeks should potentially see continued strength.
I love all the precious metals bulls desperately wanting the market to peak now more than ever and think they know when it’s gonna happen when they were all in 100% max long metals during a full on mania blow off and I didn’t hear one of them calling that a bubble. Funny how that works
@NorthstarCharts The fact that so many pros couldn’t see a distributive trend after a blow off top
Is truely shocking
Good call on your end to not be blind like every other precious metal bull
@themarketradar the stock market is the economy & everyone knows it.
They are gonna try & keep this thing going for as long as humanly possible by any means necessary