I've been 50%F...50%C since the group moved; and will remain there until a close in the S&P below 2025...Which of course, could be today...
Just one opinion...But, a push against the panic.
Wells Capital Management's James Paulsen offers his thoughts:
Who knows where this is going, but I am intrigued by how little the US financial markets may end up moving this week despite this surprising Vote. Perhaps a lot of Vix but little price change?
The financial markets in the U.S. could easily end up unchanged from a week ago today…For example, the current suggested open for the S&P 500 of about 2040 is less than 20 points from where the S&P 500 was last Friday. Similar small recovery moves in the 10-year treasury bond yield and the US dollar index would make them simply flat for the week.
Is the emotional coverage of this surprising vote far outsized relative to the ultimate impact it may end up having on the US financial markets???? I am just impressed by how this "dramatically large and emotional collapse" in the US markets…………..could easily (without much recovery today after the open) end up about flat for the week??? That real possibility seems so at odds with how almost everyone feels at the current moment.
Posted by: inthepowerzone@hotmail.com
| Reply via web post | • | Reply to sender | • | Reply to group | • | Start a New Topic | • | Messages in this topic (13) |
Belum ada komentar untuk "[TSP_Strategy] Re: Brexit"
Post a Comment