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re: I know no one knows, but what are yall opinions about the market?
Posted on 6/11/20 at 12:00 pm to Tigerb869
Posted on 6/11/20 at 12:00 pm to Tigerb869
quote:IMO if we are >3200 & >27K rolling into September, we'll be doing well. But those valuations at present were inexplicably high.
I know no one knows, but what are yall opinions about the market? I think it is just a correction but the rising covid cases and all the other BS certainly will not help the situation.
It's anybody's guess, but I'd expect we'll undulate in a trading range, maybe 2600-3200ish, through the summer.
I expect we'll churn various STCG plays until the market breaks out.
Buy the rumor, sell the news (?early July?) in healthcare (e.g., MRNA, REGN).
We'll settle into some safe dividend stock positions to hold at least through the summer.
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