sell in may and go away?
has the upward bounce run its course?
Good question bear.
What do you think?
This market is driven by the virus, or, our perception of it. There is plenty of "optimism" on the sidelines.
Thanks Tim,
With COVID numbers continuing to slowly fall as we open, the market likes what it sees again today.
Assuming we are not hit with really bad news, I suspect equities will be at pre-virus levels within 3 months, very possibly less. This is not the time to sell. Quite the contrary.
Hi Tim
I agree with you
The Dow looks like a bull market after spending some time in what some would call a coiled position, or trading range. I think today showed us which direction it wants to go
As some one said, there are a lot of armchair traders, trading for low or no fees, who are suddenly at home
They will most likely jump on the band wagon after today.
the low for the year is not in yet. still expecting 1800 on S&P