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06/08/2017 Live Update

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Cobra
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Re: 06/08/2017 Live Update

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Cobra
Site Admin
Posts: 58491
Joined: Sat Feb 12, 2011 10:29 pm

Re: 06/08/2017 Live Update

Post by Cobra »

well, guess that's it for today. Friday tomorrow has been generally bull friendly. thank you guys, I'll see you tomorrow.

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Daniel
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Joined: Fri Feb 10, 2012 4:27 pm

Re: 06/08/2017 Live Update

Post by Daniel »

QQQ strong into close, final half hour. IWM weak. This widespread mean-reversion goes on. These must be rosy times, with high levels of normalcy and stability, and with our over-stim info culture, we're not recognizing it. Stocks are grinding higher, have been, are, emphasis on the word grinding. Dividends look juicy compared to low sovereign debt yields. There are Earnings, there is Price... and then there is the Multiplier... aka, the only game in town, so buyers of yield must pay up.

GLTA
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