sandunes
These warning signs suggest stocks are heading toward a correction
PUBLISHED MON, FEB 22 20211:32 PM EST
Patti Domm
@IN/PATTI-DOMM-9224884/
@PATTIDOMM
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Traders work on the floor of the New York Stock Exchange.
Traders work on the floor of the New York Stock Exchange.
NYSE
Several important market indicators are near extreme levels and that means stocks could be heading for a correction, said CFRA chief investment strategist Sam Stovall.“It’s not a question of ‘if’ but ‘when,’ the next meaningful market decline will occur,” he wrote in a research note.
One of those signs is the value of S&P 500 market cap compared to nominal gross domestic product. The market capitalization, based on S&P 500 companies, is now at an all-time high of 140% of U.S. gross domestic product, compared to the near 60-year average of 62%.
salvation
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salvation
FOREX UPDATE - USD US DOLLAR IS UNDER PRESSURE AGAIN AND SHOULD SEE MORE SELLOFF IN DAYS TO COME
https://www.bitchute.com/video/VYOV98dolhnR/
DYOR
just remember if the stock market plummets , NORMALLY there is a rush TO the US dollar so they can repay debt on leveraged positions
take care