Market and QE# Stock
N*p
1 楼
Everyone saw this coming, but still hung on (to hope).
Stock market always drops 20% 1 month before QE ends, and always resumes
uptrend 1 month after QE starts.
Professional gamblers look for sure money (or margin of safety), and that
margin of safety is QE money.
http://news.investors.com/economy/100914-721149-federal-reserve
The good news is companies are posting growing EPS, and today's hardest hit
sector, semicondutor, is particularly strong. Bears will pay for this.
This correction targets 15-20%, $SPX might get support around 1890, then
1750 as 1750-1890 was previous congestion area. $COMPQ targets 4300, then
4000.
If $SPX and $COMPQ don't close above 50-day in next few weeks, wait for QE4
to re-enter.
Just my two cents. Remember that our opinions don't matter. No one knows for
sure what will happen.
Stock market always drops 20% 1 month before QE ends, and always resumes
uptrend 1 month after QE starts.
Professional gamblers look for sure money (or margin of safety), and that
margin of safety is QE money.
http://news.investors.com/economy/100914-721149-federal-reserve
The good news is companies are posting growing EPS, and today's hardest hit
sector, semicondutor, is particularly strong. Bears will pay for this.
This correction targets 15-20%, $SPX might get support around 1890, then
1750 as 1750-1890 was previous congestion area. $COMPQ targets 4300, then
4000.
If $SPX and $COMPQ don't close above 50-day in next few weeks, wait for QE4
to re-enter.
Just my two cents. Remember that our opinions don't matter. No one knows for
sure what will happen.