SMC Update 10-17-21

10/17/2023


Comments (3)
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jeanrobert15225
jeanrobert15225

Thank you, Peter, for the update. What is going on is beyond anything we have seen before. We have two major wars going on and one of the greatest tightening in the bond market in history, so the stock market is ridiculously hanging by the nails of its fingers to the cliff of the precipice. So be it for now but I cannot trust at all what i do not see going to continue for a long time, even if we are in a favorable seasonal pattern. Everything could go wrong, so for those who want to pe prudent, wait for acceleration to the downside like a break under 4200 on SPX and/or more than a 5.25% yield, on 30 years treasury bonds.

treyrhodes51591
treyrhodes51591

Thank you Brian

daniel039209
daniel039209

Nice read,Brian

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