Loading ...The US equity market is getting close to a reversal regardless if the news gets better or worst. If new bad news comes out of the market, it will drive those that have made a nice profit to sell prior to closing their books. If good news comes out the market will start selling because this will signify end of stimulus and increasing rates (both of which are sell signals). You will see a sell first and ask questions later mentality once the down pressure starts. We are currently overbought, and everyone knows it. The problem now is that there is no place to hide your cash.
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