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Wall Street next week

edited June 2020 in Fund Discussions
https://www.fxstreet.com/analysis/wall-street-next-week-202006071602


Wall Street next week
ANALYSIS | Published Jun 07, 2020 16:02 (+00:00)
1. Markets cannot go higher on valid fundamentals


We believe the short squeeze (soon) over and any good news MORE THAN built into markets. We also believe this is a time to be defensive rather than FOMO. Going forward economic activity caused by the pandemic should bottom out and a real recovery will happen, but one that is slow going and uneven. We see a U US economic recovery but stock markets NOT V, L or U but W.

There is very high risk in the market now until late Summer.
IT IS TIME TO PROTECT/EXIT especially above 3150 SPX.
POST SUMMER INVESTMENTS SHOULD BE TARGETED FOR A POST COVID-19 WORLD





Couple fundamental points for next wk

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