A Perverse Investment Philosophy
Following on the market actions of this week, the twitter guru’s, basically followers of Jerome, are saying COVID has been bad and is still bad, so this will give a poor employment number and Jerome will just keep piling in more funny money. They may want to look up the historical facts around other market squeezes, like the Bunker Hunt Silver Squeeze, it did not end up with a 5 percent correction, as this FED Squeeze follower group will find out.
That is what I see, composite indicators show that the “Risk On” group has made a final push in the asset class groups as well as shorting the dollar going into this employment report. We likely will see the market collapse tomorrow regardless of what the reports show.