Eyes On The Prize - All Time Highs
The Nasdaq, the S&P500 and the Dow all look capable of moving up, and bigly so.
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A Lesson In How Securities Markets Really Work
The whole of last week, as we documented day by day, was in essence one huge game designed to induce fear and greed into the unsuspecting investor. Greed in anticipation of the Nvidia earnings print on Wednesday; even more greed after the killer beat that the company delivered; and then white-knuckle fear as late buyers saw their money evaporate with the dump Thursday and early Friday. And then a good old dose of FOMO as Friday closed the week green regardless, with a big afternoon buy run once civilians had been shaken out of their stop losses with post-Jackson-Hole gyrations for an hour or two.
For our Premium and Pro members only we now walk through our longer-term outlooks for the S&P500, the Nasdaq, the Dow and the Russell, together with Bitcoin and Ether.
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