Money and Words

Money is stored labor and words are stored ideas. Money is like art. Art is a verb, not a subject. Like the Benny Goodman song says in the song title, It is not "what" you do, it is the "way" that you do it. Finally, politics is gossip. Called rumor in the market, 70% of rumor it has been said often turns out to be true. Rumor, like gossip, is people said. People said reflects people spirit. This blog talks to issues spirit, not to people said. This is only what I say, everyone else does what they say. Links to other Sunset Stroller sites below.

Thursday 10 December 2020

Gridlock equals goldilocks

Charts tell the truth
From what I can make out of things as they stood, at least recently, is that the market sentiment believes the Republicans will win the Georgia run offs. This will mean gridlock. That means certainty, And certainty means trading will proceed without sidelong complications to suddenly upset the market.
Nothing More Meaningless Than Old Chart
Alto market views normally look six months out, the view six months out can change on a dime. Of course, the vaccine is providing a lot of fuel for the upside. My view is that widespread fear will direct more money to dividend payers. That is my view naturally, because I am in a list of dividend payers. 
Weak Hands Trader
One trader on television, upon asked what he was going to buy said, innocently faced, 'Oh I can't tell you, I haven't bought it yet'. Then he will presumably reveal that since he is holding stocks is no longer buying, and is therefore a seller. Hope no one is surprised?
Posted by at No comments:
Subscribe to: Posts (Atom)