DO NOT PUT ALL YOUR EGGS IN THE IMMACULATE LANDING BASKET
By Nigam Arora & Dr. Natasha Arora
To gain an edge, this is what you need to know today.
Immaculate Landing
Please click here for a chart of S&P 500 ETF (SPY) which represents the benchmark stock market index S&P 500 (SPX).
Note the following:
- At a time when those following traditional technical analysis and the momo crowd are putting all their eggs in the immaculate landing basket, and even bearish money managers are holding their noses and buying, prudent investors should consider not putting all their eggs in the immaculate landing basket.
- The probability of an immaculate landing is only about 25%.
February 6, 2023