Doc Brown's Delorean Time Machine would be a worthy project to re-assemble for weekly future time travel...to get future market action.
Security & Trade Commission probably has some law against using time machines to trade securities.
If not...I am an interested Delorean investor !!
well the futures as of now are down a bit.. i expect tuesday to open down, how far down is anyones guess.
possible to head to the low 360s or 350s next week.
im guessing were going to trade in a range of 20-40 dollars in the next few weeks.
get a job at goldman. they can see in everyones broker account who is holding what. the brokers sold the right for them to see. goldman turns on the trading machines and takes good stocks down to 3 p/e and still no buyers. how's that happen? so if you want to know direction of the market get a job at goldman.
Who the heck wouldn't like to know the direction of the market? IMHO the market is generally headed lower but what it will do on Tuesday is anyone's guess. I suspect the market will sell off AFTER O'bozo's jobs speech which undoubtably will be more of the same old "stimulus to create jobs" i.e. more money printing, more debt, and no SUSTAINABLE job creation. He simply has no clue how to create jobs. And, why should he? He's never created one before in his entire life. He is a career politician. Heck, he spends more time trying to make it difficult for companies to progress than he does anything else other than useless rhetoric-laced speeches. There is no lamer duck president than O'blame-ya. The sooner he is out the better.
some people here seem to think its going up, but ive seen these types of sell offs before, i expect tuesday to be down and wed to be slightly up or slightly down and thursday and friday to be up back to the 380s or 390s