Courtesy of Read the Ticker.
This Friday (May 10th 2019) TRUMPs red line on the China trade talk will move stocks. Will trends break?
readtheticker.com correlation Period Scan tool suggest it will be either OutPut1 or OutPut2. Of course correlation is not causation, but a equity market trend of 10 years may soon find its end.
95% correlation cans are always interesting.
OutPut1
– Bear market
– China does not yield
– Trump imposes trade restrictions
OutPut2
– Bull market
– China looks to make a deal
Data: Selection
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OutPut1 – 96.98% match.
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OutPut2 – 97.46% match.
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Pick a winner, get a free chicken dinner! Ha!
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Investing Quote…
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Jesse Livermore
..“I buy on the assumption they could close the market the next day and not reopen it for five years” and “Much success can be attributed to inactivity. Most investors cannot resist the temptation to constantly buy and sell.”..
Warren Buffet
..”Earnings don’t move the overall market; it’s the Federal Reserve Board… focus on the central banks and focus on the movement of liquidity… most people in the market are looking for earnings and conventional measures. It’s liquidity that moves markets”…
Stan Druckenmiller
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Warren Buffett
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Philip Fisher