Might As Well Be 7000
Market is pricing in all the good stuff, and none of the bad. Price Targets In Blue Skies.
»CLUB/EDGE client post November 11th at 8:49 AM ET.
Market is pricing in all the good stuff, and none of the bad.
I don't have to tell you that the macro trigger we needed to get above the critical $5850 call wall was the election of Donald Trump.
Since then, most indices, key sectors & many stocks have exploded into all time highs.
Read that again: I didn't say "52 week highs". I said ALL TIME HIGHS.
DIA, SPX, QQQ - Not IWM
IGV, IYT, BKX, XLF, XLI, XME, XLY, XLC, XAR - Not SMH, XLE
[IWM, SMH, XLE if you are looking for sectors to play catch up.]
The bet is that under a Trump administration: