Psst! Look Under The Hood….And Run!
by northmantrader $DJIA 27,000, $SPX 3,000, so the headlines and the president celebrate. Don’t let the headlines distract you, look under the hood. This rally is technically weak, it’s as weak as the reason for it: The Fed. From my CNN Business article this morning: “Lowering interest rates is rooted in desperation. Watch out, investors. While rate cuts, … Read more