The DJI has been reinflated from after the COVID crash, by 'cheap' money coming out of reckless monetary and fiscal policy.
The value of the market has been over-inflated by some 15 times its true value.
Fundamentals are almost never seen in charts like these - which only show 'price' (not value).
A man-made 'virus' called war, looms. Not to mention - which is to mention - that the FED who have propped up this market (and others) is in big trouble.
Disclaimer: This is not advice or encouragement to trade securities or any asset class. This is not investment advice. Chart positions shown are not suggestions intended to assure you of an advantage. No predictions and no guarantees are supplied or implied. The author trades mostly trend following set ups which have a low win rate of approximately 40%. Heavy losses can be expected if trading live accounts or investing in any asset class. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
The value of the market has been over-inflated by some 15 times its true value.
Fundamentals are almost never seen in charts like these - which only show 'price' (not value).
A man-made 'virus' called war, looms. Not to mention - which is to mention - that the FED who have propped up this market (and others) is in big trouble.
Disclaimer: This is not advice or encouragement to trade securities or any asset class. This is not investment advice. Chart positions shown are not suggestions intended to assure you of an advantage. No predictions and no guarantees are supplied or implied. The author trades mostly trend following set ups which have a low win rate of approximately 40%. Heavy losses can be expected if trading live accounts or investing in any asset class. Any previous advantageous performance shown in other scenarios, is not indicative of future performance. If you make decisions based on opinion expressed here or on my profile and you lose your money, kindly sue yourself.
FED balance sheet 42% of GDP @ 2020-01-26. Does money have value anymore? [Different perspective on the virus youtu.be/NjTdvALChwk ]
