WALL STREET WAKES UP TO THE RISK IN THE STOCK MARKET – HOPING FOR A DOVISH POWELL TO RUN UP STOCKS
By Nigam Arora & Dr. Natasha Arora
To gain an edge, this is what you need to know today.
Waking Up To Risk
Please click here for a chart of 20+ Year Treasury Bond ETF (TLT).
Note the following:
- Focus on the downward sloping trendline on the chart.
- According to momo gurus, the reverse was supposed to happen. In plain English, this means if the predictions of momo gurus were correct, there would have been an upward sloping trendline.
- The downward trendline on the chart shows that the risk to the stock market has been progressively increasing. However, investors have been asleep.
April 3, 2024