10% Correction then the BULL will Run
Investors,
We will experience a slight correction up to 10%. This has started already due to Biden raising taxes next year as he has promised. Investors will save 8% by selling now. Market has run ahead of itself about 15% atm, so we are overvalued a good amount - adding more fuel to the sell-off. When the RSI hits 40 buy back in.
Due to the light at the end of this Pandemic tunnel, plus Biden and his 7T spending plan next year, people are going to go back out in full force... Companies have also Leaned out in 2020 and are ready to make some serious gains in 2021. The demise of small business has increased the market share of large business (on the Market) and their numbers will be sure to impress in 21.
We are going to see SPX 5k next year!
Bests,
JP - OUT
We will experience a slight correction up to 10%. This has started already due to Biden raising taxes next year as he has promised. Investors will save 8% by selling now. Market has run ahead of itself about 15% atm, so we are overvalued a good amount - adding more fuel to the sell-off. When the RSI hits 40 buy back in.
Due to the light at the end of this Pandemic tunnel, plus Biden and his 7T spending plan next year, people are going to go back out in full force... Companies have also Leaned out in 2020 and are ready to make some serious gains in 2021. The demise of small business has increased the market share of large business (on the Market) and their numbers will be sure to impress in 21.
We are going to see SPX 5k next year!
Bests,
JP - OUT
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