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Strategies & Market Trends : Technical analysis for shorts & longs
SPY 670.97+0.1%Nov 7 4:00 PM EST

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To: Return to Sender who wrote (52954)6/4/2020 12:16:53 PM
From: E_K_S1 Recommendation

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Return to Sender

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I read the Barchart.com wrong. Yes PE 118 and earnings 20.93/share. My Bad

In college they never discussed 'negative' interest rates it's like dividing by '0'. For savers, if/when I have to pay my local credit union to hold my cash, that money is going into the market and/or real estate. They lowered their rates from 1.625% in January to `1% in May.

As you know, market looks forward so where will we be in 2021? Will the market start to be pricing stocks for growth again rather than a recovery? That for me is when there could be a double TOP and if we get a DEM in office, there could be a really bad sell off.

More taxes (including a rise in the capital gains rate) and who knows what other fiscal spending. Yes we live in interesting times.

What stood out to me is the UTY rally last 5 days. Have not seen that very often and if/when that continues, maybe rates do go lower..

Other investment alternatives are real estate but many States have fiscal problems too (unfunded pension liabilities) and an investor can be assured property taxes will move much higher. That becomes an issue if expenses raise faster than rents (some cities looking at rent control too).

I think the market may/could have a better idea of how to price stocks after the election in November.

Lots of good observations on your part so keep the updates coming. Other than UTY, I am watching Gold and the $US for some signal on a market Bull/Bear call.

EKS
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