Montreal's Time Out Market to open Nov. 14 at Eaton Centre
The last time the BRK MA's were this tightly wound was 2016....it broke out for 30% upside starting in Nov that year. Probably different time, could be 50%. It's not like it's expensive here. Large market cap too, nice one to think about that could pick up the slack from FB etc.
@ritholtz 2) If a bull market does not begin until its prior all-time high is surpassed, then using the same logic a bear market should not begin until the prior bear market low is broken. So in 2007 - 09 bear market, did you say it only began in Nov 2008 when the oct 2002 low was broken?
This is the 2nd time I got the nod to Keynote the - honored! Last time was Vegas in Nov and everyone was highly bearish and the expo top-ticked the market! Since then we came roaring back! Are we at a sell point again? We’ll discuss today at 3:30.
Pelham Smithers Associates Ltd - PSA Today Dec 4: Its all gone sour / Crunch time for Alps and Takeda / Nintendo Switch debate swirls on / US Nov auto sales / Subarus potential – Nikkei -2.39%: Japan Market Comment by Pelham Smithers and Julie Boote…
The sharp selloff in Nov/Dec is thought to be driven by how quickly retail investors have pulled money out of loan funds as expectations re interest rate hikes have fallen, turning those funds into forced sellers at a historically illiquid time for market
Stocks can easily be in a bear market before the midterm election in Nov, and the economy in a worse recession than the one that followed the financial crisis of 2008 by the time the general election rolls around in 2020. If so, the political ramifications are ominous!
China yuan weakens below 6.7 against USD in spot market, first time since Nov. 2010