Friday, February 17, 2017

WEEK 4: Priced For MegaPlosion

"We have a new investment strategy, it's called buy and pray"

"They have to come up with a plan B or this market is going to collapse"

Janet Yellen mid-week:
"I think market participants likely are anticipating shifts in fiscal policy that will stimulate growth and perhaps raise earnings”

CNBC: This just in...
The tax plan that promises the biggest cuts in corporate taxes without straining the federal budget looks increasingly unlikely to become law. "I wouldn't call it dead, but I would say it's on life support"...Senate Majority Whip John Cornyn, R-Texas, joined the list of doubters this week, saying he does not see the votes lining up

"They have to come up with a plan B or this market is going to collapse,"

Goldman Sachs was confirmed as Secretary of the Treasury this week:

Exxon with Oil

The most bullish strategist recommended borrowing Bitcoin to buy pot stocks...

Any questions?

"It's a new bull market. Get in while you still can"

Mutual Fund cash balances:

"There's a lady who's sure all that glitters is gold 
And she's buying a stairway to heaven"