Buy and Sell Signals, and Other Market Perspectives Message Board

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Strategies & Market Trends : Buy and Sell Signals, and Other Market Perspectives

SPY 694.04

+0.7%

Jan 9 4:00 PM EST

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berniel

To: carranza2 who wrote (211425)	5/2/2025 12:54:22 PM
From: GROUND ZERO™	1 Recommendation of 221579

I agree with you, but then, it's conventional wisdom to think that way... A counter argument could be that the economy is really coming back quickly and strongly, and that rates one way or another are not really an important issue... Increasing the supply side would drop inflation down very quickly and at this moment the DOW Transport Index is up more than 4.00% for today, this tells me that the big rigs are on the road and on their way to deliver goods to the big chain stores nationwide... We also already know that the non farm payroll numbers show lots more people are working, they will spend their money and buy goods, both durable and otherwise... The picture is really brighter today than many anticipated... So, we'll see what happens... GZ

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