The markets have been going up based upon past data like happened in 2007 and 2000. We have Japan, Italy and France already in recession. Soon the market will start going down. Anything can happen when volume is low.
OPEC is meeting on Thursday . Oil will go down no matter what OPEC decides because of on going deflation which reduces the demand.
We have been bearish on Energy Stocks for some time. Our Energy Motif -Bull or NBear is up 20% today
https://trader.motifinvesting.com/motifs/energy---bullish-or-bearish-Y5bgnvYY#/overview
DJI
SPY
NASDAQ
IWM
TNA
TZA
GLD
NUGT
SLV
UGAZ
TLT
OPEC is meeting on Thursday . Oil will go down no matter what OPEC decides because of on going deflation which reduces the demand.
We have been bearish on Energy Stocks for some time. Our Energy Motif -Bull or NBear is up 20% today
https://trader.motifinvesting.com/motifs/energy---bullish-or-bearish-Y5bgnvYY#/overview
DJI
SPY
GDX
Pros are more bullish than at anytime. The last time it happened, we had a decline of 58%.
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1 comments :
I always appreciate your insight and updates - thanks!
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