SPX: Rumblings

Over the past month, there’s a boring, tedious pattern that seems to be repeating itself:

(1) The impoverished, backwards, freakish hermitage known as North Korea threatens the world with some ill-conceived rumblings about a nuclear weapon;

(2) Worldwide markets (with ever-decreasing size) have a knee-jerk reaction;

(3) When it’s clear that Kim Jung-un is completely full of crap, for the 398th time, things go back to normal within a few days (or hours…) and the market goes to new lifetime highs.

We’ve got round three of this going right now on this holiday weekend…

0903-es

The initial reaction WAS the low of the day, and it’s been sorta kinda recovering ever since.

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It’s time for bold leadership!

0903-queen

Disclaimer: This is not meant to be a recommendation to buy or to sell securities nor an offer to buy or sell securities. Before selling or buying any stock or other investment you should consult ...

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