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We are going LIVE tonight at 8pm ET on YouTube — “We” as in me, Danny Riley (aka DBOY) and Rich Miller (aka HandelStats).
We’re going to discuss my market views and Handelstat’s algorithms.
Our View
Crazy times are about to get crazier...On one side of the street you have Robert De Niro bad mouthing Trump outside the Manhattan courtroom where the trial is being held, saying he will take away your freedom, and on other side are protestors yelling FU Biden.
I gave up on watching the news after the Covid-19 outbreak, it was bad then but it's only gotten worse.
So what’s going to happen if the court convicts Trump? Send him to jail? How will that help an already historically hot election? Crime is jumping to new levels as the summer rolls in and UBS is raising its target in the S&P to 5600? Most of the banks were way off on their S&P estimates and UBS is one of many.
According to ETFGI data, flows to U.S. stock and bond funds this year are the strongest since 2021 when interest rates were near zero. Globally, the net $468 billion invested in ETFs through April is the highest on record.