5 reasons to stay bullish till Dec

PJoo
2021-11-17

It's hard to believe. I'm convincing myself too. 

1. Retail data will be higher month to month. $Wal-Mart(WMT)$results was good. You have Halloween then Christmas, on and on. 

2. Infrastructure trillion dollar spending. No turning back on this. Government will pace spending to stir industrial and materials. 

3. No inflation surprise, not a secret. Market don't like surprises. Everyone knows its already very high. But the impact to equity is not immediate. 

4. Fund managers are loaded with cash. This is last last minute Christmas shopping. Some FOMO will kick in to buy and hold stocks. 

5. Its has always been the time of the year, that market goes up. Supported by recent boost on higher profits guidance and the birth of MAMAA. Well, when the probability is higher to go up. It will happen.

$S&P 500(.SPX)$$DJIA(.DJI)$

That's my thought. What's yours? 

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精彩评论

  • jeffry09
    2021-11-18
    jeffry09
    totally agree. There is also Black Friday, which will greatly promote consumption
  • 温斌ALEX
    2021-11-18
    温斌ALEX

    be care risk.

    • PJoo
      Yea, one set back is Covid. Need to see market sentiment because of this.
  • 唯物主义
    2021-11-18
    唯物主义
    It is all about thought
  • Venus_M
    2021-11-19
    Venus_M
    cute dancing bull 😍
    • Venus_M回复PJoo
      hop hop  🥁🎶🎵
    • PJoo
      Cheers! The dance beat is going all the way to year end. [微笑]
  • Juliaaa11
    2021-11-19
    Juliaaa11
    i can not agree more. since the dow and nadq hit a new high as tech companies jumps, i have faith on satying bullish on my stocks in december
  • james_l
    2021-11-21
    james_l
    mostly agree. unless the change of fed chair is not dramatic. most negative news has gone away
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