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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives
SPY 683.39+0.5%Nov 28 4:00 PM EST
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GROUND ZERO™
To: GROUND ZERO™ who wrote (168907)2/26/2022 2:14:49 PM
From: Machaon1 Recommendation  Read Replies (2) of 219515
 
GROUND ZERO™:
I see nothing that could stop this market...


I would be surprised if the markets didn't start down negative Monday morning, due to a knee-jerk pullback from Friday's big up day.

There are some things that are overhanging the market. First, unexpected results from the immoral tyrant Putin's desire to make up for his failure as leader by getting his bloody hands on Ukraine's territory and numerous resources.

Next is the issue of how fast and how many interest rate hikes, plus a reduction in the balance sheet, in the face of rampant inflation and a possible slowdown in our economy. I am not an economic expert but, at this particular time, I could possibly see inflation and our economy worsened by increased interest rates, unless the idiots in charge stop restricting our energy companies.

Can the markets keep rallying with these things hanging over them?
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