SPX looking like a buy here. Bull market resumed.
SPX broke out of it's trading range a few weeks ago and has pulled back to find support along what was once resistance, which coincides with the 50DMA as well. Gap filled; Ready to resume bull market.
I also ascribe to the notion that one should be buying stocks when everyone's telling you not to. There's nothing but negative headlines in the news regarding the trade war, the 2 and 10 year yield curve inversion, Hong Kong... everybody and their brother is calling for a recession and market crash. How often is everyone right? I'm buying here.
I also ascribe to the notion that one should be buying stocks when everyone's telling you not to. There's nothing but negative headlines in the news regarding the trade war, the 2 and 10 year yield curve inversion, Hong Kong... everybody and their brother is calling for a recession and market crash. How often is everyone right? I'm buying here.
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