Everyone is making predictions…why not then? SPY will stay between $407 and $427 until August 2023. Yes, I love crayons 🖍️69420ballspenis t1_j97psp1 wrote
Reply to comment by Dry_Job_1084 in Everyone is making predictions…why not then? SPY will stay between $407 and $427 until August 2023. Yes, I love crayons 🖍️ by Dry_Job_1084
Fed minutes Monday (likely up and down and no real movement) PCE comes out Friday. PCE comes in hot and we start to break 4050 on SPX. It doesn’t take a black swan event for institutions to capitulate when data shows companies don’t deserve 20-30x PE ratios. Golden cross is a dumb indicator in and of itself when economic data suggest there’s reason to be speculative of a bull market.
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