USA. It's time for an update. So.
The US market looks confident and peaceful. While everyone is shorting, piece by piece bears are falling apart. So it was and so it will always be. At least for now.
In my dumb experience, a bunch of short traders joined in May. "Sell in May and go away" they say. "But then July declares", I'd like to add.
The two yellow vertical lines - in April and May when insiders made their moves. Now, the price has returned to these levels.
I expect some range around here, and I still believe in a strong end at the end of this year. In SP500 I trust, at least for now.
-ks
The US market looks confident and peaceful. While everyone is shorting, piece by piece bears are falling apart. So it was and so it will always be. At least for now.
In my dumb experience, a bunch of short traders joined in May. "Sell in May and go away" they say. "But then July declares", I'd like to add.
The two yellow vertical lines - in April and May when insiders made their moves. Now, the price has returned to these levels.
I expect some range around here, and I still believe in a strong end at the end of this year. In SP500 I trust, at least for now.
-ks
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