Wednesday, 25 May 2016

Stock Market Forecast Is Short Term Bullish, Long Term Suspicious

My Trend Wizard Timing Tool is indicating continued weakness, however, my Swing Trading Oscillator  is indicating short term bullish.
Don't you find it funny, suspicious, outlandish, crazy... yesterday Bloomberg is saying the market is going up because of the fact interest rates are going to go up, I can't disagree with that because that's just the way it is. As the economy gets better corporate profits rise, stock prices rise, interest rates rise, then we have a bubble somewhere and then a collapse, rinse and repeat. OK... that's not the issue... the issue is... THE MAIN STREAM MEDIA HAS BEEN SAYING AND SOME OTHERS "WHEN INTEREST RATES RISE THAT WILL COLLAPSE THE ECONOMY, REAL ESTATE, STOCKS...

Obviously The PPT (Plunge Protection Team) "The Working Group on Financial Markets (also, President's Working Group on Financial Markets, the Working Group, and colloquially the Plunge Protection Team) was created by Executive Order 12631,[1] signed on March 18, 1988 by United States President Ronald Reagan."

Until confirmed:

  • Day Trading Bullish.
  • Swing Trading Bearish. 
Yesterday covered the short position right off the bat and went long. Sold end of the trading day, 100% in cash.   

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