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Politics : Formerly About Advanced Micro Devices -- Ignore unavailable to you. Want to Upgrade?

To: Real Man who wrote (1463041)	6/16/2024 8:25:53 AM
From: Rarebird	Respond to of 1574098

There is All this talk about cash on the sidelines. Is this money seeking to go into the Magnificent 7 or just looking to find a higher yield from higher rates? I think the later. Long bonds are rallying because many realize that there is increased risk of recession moving forward and they want to get in now so they can benefit in the years to come. The Biden Administration will cut off the fiscal stimulus if he loses, which, at this point, looks very likely. Trump is no angel and also talks from both sides of his mouth. He has become more of a politician than clean the swamp guy. The more I investigate my options here, the more I realize that although Trump is way superior to Biden on many fronts, including, the economy, immigration and foreign policy in the Middle East, Kennedy, Jr, remains the best option for me, in terms of my values and principles. I am not looking for a retaliatory President, but one who will govern properly and try to bring Americans together. I don't blame Trump for striking back at Biden, but this is more of a personal vendetta than something that is good for the country. As for the stock market, it is hanging on by a shoe string. A/D line is deteriorating fast. Bearish divergences are everywhere. Sure, this can continue indefinitely for another 12-18 months. But make no mistake about this, tech currently represents over 33% of SPX. At the Dot com bubble peak, tech represented 34% of SPX. The broad market or average stock is crashing. All I am saying is that a great rotation out of tech into value and the broad market can happen at any time moving forward.