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Cory’s Chart Corner
Many will focus the blame of market drawdowns on the tariffs and ignore the fact the SP500 (only a few weeks ago) was trading at 4 std devs above its historical mean…valuation also matters.
The Kobeissi Letter @KobeissiLetterBREAKING: The European Union is preparing further counter measures against newly announced US tariffs of 20%, per CNBC.
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Daily Archives: December 9, 2020
GM0: 2020 saw more crazy activity than anything since 2000
When does this financial bubble burst? Who can say; that it will, is without a doubt. At the moment, virtually no one thinks that the burst is imminent. On the other hand, this is typical of bubble tops. GMO’s Q3 … Continue reading
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Most day traders end up losing money, time and mental health
Security trading has become a major pastime for regular folks during the COVID-19 lockdown. This will be a painful malinvestment of time and funds for most. See a common story in He thought day-trading would be a thrill. He ended … Continue reading
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