gmg733
788 posts
msg #142604
- Remove message |
3/6/2018 10:00:05 AM
I don't pay attention to fundamentals all that much. The news is littered with discussions of bond bear market, tax code revisions, trade wars and blah blah blah.
But what you can't ignore is the amount of malls and commercial space that is sitting vacant. What is confusing is they just keep building buildings. I think commercial real estate will be one of the best shorts in the new few years. In fact it maybe in the middle of the next financial 'crisis'.
I'm already short real estate and I look to add on rallys. I don't see how this is sustainable.
I know this isn't an intraday alert, sorry JP.
|
pthomas215
1,251 posts
msg #142606
- Remove message |
3/6/2018 10:51:46 AM
indeed...imo the stock market has nothing to do with the economy. since the 08 crash, there is nowhere else to put money if you have it. that demand doesnt mean everything is great infrastructure wise. i still think we will have too few dollars chasing too many goods overall, creating stagnation.
|
johnpaulca
12,036 posts
msg #142607
- Remove message |
3/6/2018 10:53:29 AM
you mean stagflation (:
|
pthomas215
1,251 posts
msg #142608
- Remove message |
3/6/2018 11:04:40 AM
JP, ha ha. indeed. my apologies...i was an economics major in undergrad but was reaching wayyy back to 1989 on that one.
|
johnpaulca
12,036 posts
msg #142610
- Remove message |
3/6/2018 11:13:17 AM
No need to apologise...lol. Grad major in Chemistry, know very little in econ.
|
gmg733
788 posts
msg #142612
- Remove message |
3/6/2018 11:39:38 AM
Anything is possible, but if SPX closes below 2550 on monthly basis (March 31st) I'll be leaning very heavy short /ES selling puts against that short
|
gmg733
788 posts
msg #142613
- Remove message |
3/6/2018 11:46:14 AM
where is gold going JP? I'm thinking up. Probably test the BB40 center line and up and away
Thoughts?
|
pthomas215
1,251 posts
msg #142614
- Remove message |
3/6/2018 12:10:13 PM
JP--nice background. actually the periodic table is more interesting than the market most days. I have an MBA from Harvard Business School, but please dont assume that translates into monumental returns. i have taken my lumps--plus some of your best traders didn't finish high school. :)
|
johnpaulca
12,036 posts
msg #142615
- Remove message |
3/6/2018 12:12:48 PM
gmg733
674 posts
msg #142613
- Ignore gmg733 3/6/2018 11:46:14 AM
where is gold going JP? I'm thinking up. Probably test the BB40 center line and up and away
*********************************************************************************************************************
pair it with $DXY....dolla is losing momo, gold will be happy.
|
johnpaulca
12,036 posts
msg #142616
- Remove message |
3/6/2018 12:21:21 PM
PT...the more educated you are the more you tend to overanalyze information...lol. To make matters worst I have an undergrad in engineering...yuk!!
|