The USA is going to see an extremely high death toll in the month of April, and it will solidify the bear market as American consumerism grinds to a halt - and will be expected to remain there for some time.
Fundamentally speaking, stocks are still overpriced. Allocators have been having a wonderful time scooping up the scraps and will gladly continue to do so more when prices drop even further. This is reflected on the technical side as well.
Stimulus.. USA Needs about $10-50 Trillion more over the next few months/years to cope. America will reach new heights in 2020 - Unemployment, debt, death.
Look to take short profits when spy hits $200ish.
Stay safe ~
-Fishy
Fundamentally speaking, stocks are still overpriced. Allocators have been having a wonderful time scooping up the scraps and will gladly continue to do so more when prices drop even further. This is reflected on the technical side as well.
Stimulus.. USA Needs about $10-50 Trillion more over the next few months/years to cope. America will reach new heights in 2020 - Unemployment, debt, death.
Look to take short profits when spy hits $200ish.
Stay safe ~
-Fishy