In place for weeks now, a reoccurring pattern of the Weekly Low
in the S+P 500 has been occurring on Monday to start the trading week.
The market then consolidates the low and then breaks out and rallies for the remainder of the week
and closing at or near record high's on Friday's.
Look back so far in 2021, and you can see the evidence in the Weekly Statistics for the S+P 500.
This past Friday however the market did the unusual and sold off to end the week, and the month of April.
This might just have been the jump start to the "sell in May and go away seasonal mantra
coincidently the time period that the market is entering right now.
Market Vane's Sentiment Reading shows near record 58 %
of traders are Bullish heading into May.
The Federal Reserve continues to provide the Buy at all Cost"
to keep the economy juiced and recovering sharply in 2021.
Some have started to refer to this economic cycle as the "Roaring 20's",
a term that also coined the term for decade of the 1920's, a hundred years ago.
It's remarkable how history has a way of repeating itself.
The market could, by this measure have another 8 full years,or until 2129, for the day of reckoning to occur.
Buying into this roaring 20's psyche will ultimately come with a very heavy financial cost.
But I would suggest that there is powerful evidence showing that almost no one,
is thinking about that fate right now.
THE_UNWIND
5/1/21
Woods Of Connecticut
Technology earning from the biggest tech companies including Apple Amazon, Google,and Facebook
turned in jaw dropping incredibly profitable Q1 2021 earnings.
With record public participation in stock market and the increasing wealth factor associated with those gains,
in the S+P 500 has been occurring on Monday to start the trading week.
The market then consolidates the low and then breaks out and rallies for the remainder of the week
and closing at or near record high's on Friday's.
Look back so far in 2021, and you can see the evidence in the Weekly Statistics for the S+P 500.
This past Friday however the market did the unusual and sold off to end the week, and the month of April.
This might just have been the jump start to the "sell in May and go away seasonal mantra
coincidently the time period that the market is entering right now.
Market Vane's Sentiment Reading shows near record 58 %
of traders are Bullish heading into May.
The Federal Reserve continues to provide the Buy at all Cost"
to keep the economy juiced and recovering sharply in 2021.
Some have started to refer to this economic cycle as the "Roaring 20's",
a term that also coined the term for decade of the 1920's, a hundred years ago.
It's remarkable how history has a way of repeating itself.
The market could, by this measure have another 8 full years,or until 2129, for the day of reckoning to occur.
Buying into this roaring 20's psyche will ultimately come with a very heavy financial cost.
But I would suggest that there is powerful evidence showing that almost no one,
is thinking about that fate right now.
THE_UNWIND
5/1/21
Woods Of Connecticut
Technology earning from the biggest tech companies including Apple Amazon, Google,and Facebook
turned in jaw dropping incredibly profitable Q1 2021 earnings.
With record public participation in stock market and the increasing wealth factor associated with those gains,