Monday Night Call Recording 5/20/2024
Nothing can hold these markets down
Nothing has been able to slow this market. Huge debt, massive inflation and a rate cut that is not coming. Yet, the markets continue to climb the wall of worry.
We don’t have the answers but there is certainly reason for concern. Inflation is hot, people are spending more than they are making and the FED is clueless.
This rally will eventually end with a thud, the gaps in stocks is reminiscent of the 90’s. Those who fought it then got carried out. We know it will end, but trying to figure out when is a fools game.
THE FREE MARKETS MUST TRADE FREE
As traders and investors, we have one thing to remember, follow the trend of the market. Be patient disciplined and leave your emotions out. The most important thing to remember is money management and self-control.
Monday Night Notes for 5/20/2024
We watch price levels, not sentiment
Be safe and healthy
Don’t be a prophet, make Profits
Bubba