S&P 500 IndexLong
The Game is UP - S&P500 & Economic Analysis
Although all the Bears out there agree that the market action is illogical there is a strong counter-argument.
Reasons to be Bearish:
• Corporate Profits and Weak Manufacturing Outlook
• GDP is slashed
• Massive unemployment
• Corona Second Wave
• Mass Protests / Rioting
• Massive Quantitative Easing Will Corrupt the Economy
Reasons to Be Bullish
All Major Economies are using QE therefore the relative side effects are negligible vs other leading economies.
• Corona Situation is improving
• Inflation is very low
• Money is super cheap
• Central Banks fully committed to saving economies
BUT MOST IMPORTANTLY
There is nowhere else for Capital to go:
• Bonds - Worthless.
• Gold – only increased by 9.5% in 2020
• Cash – Useless
• Commodities - no hope
• Commercial and Private Property – Flakey
Simply put, stocks are the only place for the big money to store and grow wealth at the moment.
Therefore I am long until the market tells me otherwise.
Reasons to be Bearish:
• Corporate Profits and Weak Manufacturing Outlook
• GDP is slashed
• Massive unemployment
• Corona Second Wave
• Mass Protests / Rioting
• Massive Quantitative Easing Will Corrupt the Economy
Reasons to Be Bullish
All Major Economies are using QE therefore the relative side effects are negligible vs other leading economies.
• Corona Situation is improving
• Inflation is very low
• Money is super cheap
• Central Banks fully committed to saving economies
BUT MOST IMPORTANTLY
There is nowhere else for Capital to go:
• Bonds - Worthless.
• Gold – only increased by 9.5% in 2020
• Cash – Useless
• Commodities - no hope
• Commercial and Private Property – Flakey
Simply put, stocks are the only place for the big money to store and grow wealth at the moment.
Therefore I am long until the market tells me otherwise.
Barry D. Moore CFTe Financial Technician
12 Proven Winning Chart Patterns
liberatedstocktrader.com/chart-patterns-reliable-profitable/
MOSES Beat The Market with TradingView:
liberatedstocktrader.com/moses
12 Proven Winning Chart Patterns
liberatedstocktrader.com/chart-patterns-reliable-profitable/
MOSES Beat The Market with TradingView:
liberatedstocktrader.com/moses
Barry D. Moore CFTe Financial Technician
12 Proven Winning Chart Patterns
liberatedstocktrader.com/chart-patterns-reliable-profitable/
MOSES Beat The Market with TradingView:
liberatedstocktrader.com/moses
12 Proven Winning Chart Patterns
liberatedstocktrader.com/chart-patterns-reliable-profitable/
MOSES Beat The Market with TradingView:
liberatedstocktrader.com/moses
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.