Fiction Friday- fans, megaphones, and frowny formations
Sometimes you see things you cant unsee.
Im seeing price action rhyme across various charts.
Sure, trading off of pictures and crayons isnt science.
But I've also been tracking the valuations and current sentiment readings.
I mean, doesnt everybody like sales and discounts anyway.
Buffett Indicator says GDP isnt keeping up with current stock market size.
Money is costing more, that matters if you need money to make money.
Oh and treasuries paying healthy coupons for the first time in 20 years, thats sucking up capital aint it.
Any who.
wait.
Stocks always go up right?
Be safe. Have a great weekend.
Im seeing price action rhyme across various charts.
Sure, trading off of pictures and crayons isnt science.
But I've also been tracking the valuations and current sentiment readings.
I mean, doesnt everybody like sales and discounts anyway.
Buffett Indicator says GDP isnt keeping up with current stock market size.
Money is costing more, that matters if you need money to make money.
Oh and treasuries paying healthy coupons for the first time in 20 years, thats sucking up capital aint it.
Any who.
wait.
Stocks always go up right?
Be safe. Have a great weekend.