BFS @BFS_Trader
Joined August 2011-
Tweets29
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Followers100
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Following181
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Likes4K
Cutting rates this year
🇺🇸 S&P 500 While the S&P 500 Equal Weight Index has historically performed well during economic recoveries, it continues to underperform the S&P 500 (Market-Cap) Index this year 👉 isabelnet.com/?s=S%26P+500 h/t @LanceRoberts #sp500 $spx #spx #returns
Duke University Chapel featured the alma mater and fight song of Michigan State University today
Your 2023 S&P 500 forecasts: Deutsche Bank 4500 Oppenheimer 4400 BMO 4300 JPMorgan 4200 Jefferies 4200 Wells 4200 Evercore 4150 RBC 4100 Credit Suisse 4050 Goldman Sachs 4000 HSBC 4000 Citi 4000 BofA 4000 UBS 3900 Morgan Stanley 3900 Barclays 3725 SocGen 3650 BNP Paribas 3400
#Perspective We are currently in a #correction of a long-term trending #bull #market. There has been NO reversal of long-term price trends. Therefore a recovery to all-time highs would not be surprising and would be the normal reversal of a correction within a rising trend.
80% of trading is psychological. The other 30% is understanding math.
🚨Cutting Losses is Critical🚨 Loss % Gain to get even 7% 7.5% 20% 25% 33% 50% 50% 100%
1. Stocks: all-time highs 2. Home prices: all-time highs 3. Crypto market cap: all-time highs 4. Wages: all-time highs 5. Job openings: all-time highs 6. Inflation: highest in 30 years 7. Fed/Government: we need to hold interest rates down at 0% and borrow/spend trillions more.
US stock market capitalization vs US #GDP since 1780!
This is always a popular chart. How has each day of the yr done historically? lplresearch.com/2017/09/20/ano…
The #SPX has gone more than a year without a 5% correction. Since '28, this has only happened 5 other times with '95-'96 the last time.
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