Another new high for S&P500 this week with AAII sentiment reaching new low for bearish sentiment. Large banks all upgrade their forecasts with higher level for both SPX and NDX. Yet, perma bears are warning that a crash is coming. Who to trust?
Here is a take of the current market situation by a veteran trader. One thing great about Jason Shapiro is that he is a traditional pro who look at the markets as a whole and adapt to the environment.
A great clip of Kelly McGonigal on why doing 15-20 minutes exercise every morning is essential to start your day. Enjoy!
A discussion on upcoming energy play by Doomberg. I agree that given winter is coming and that Europe is now pretty much all messed up by Ukraine for its refusal to transmit natural gas to other countries from Russia. A crisis is definitely in the making.
This weekend marks the end of Pluto in Capricorn era as Pluto turned direct on Friday and is marching towards Aquarius. By November 19, Pluto will stay in Aquarius for good. Be ready for the subtle changes worldwide. The post picture is a hint on what to expect – whatever you sowed since 2008, be ready to face the consequences now.
As usual, am going back to work now. Good trading and Have a great weekend all!
