stalva989

Down Goes Frazier, COVID-19 is new champion

Short
stalva989 Updated   
SP:SPX   S&P 500 Index
Place your bets accordingly- Once the nose of the W breaks, the knockout will soon be to follow.

The previous 2 months have been an admirable climb and a strong way to finish the fight in 2020... unfortunately the match does not end when the year does and COVID has a couple more rounds of fight left in it.

The only recent time we sustained a growth trend for longer was in the opening rounds of the COVID fight which started late March 2020 and reversed around June 10th +/-. Any positive trend that lasted longer was pre-COVID.

Sorry for the negative outlook, but I do not see COVID going down easy, rolling over for us and providing 3 months of positive gains.

If you disagree, I'd love to hear:
1) why?
2) what planet you are from?
3) where the hell have you been for the past year?





Comment:
New stimulus might lead to Fake break-out north, be on the defense. Protect your head and your monies :)
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