show less
show more
@kellykline
-
Seth Golden posted an update 6 years, 9 months ago
Sometimes its a good idea at this point to sit back and let the market do what it’s going to do. Nicely in backwardation! Better to layer onto existing positions in the next… -
Seth Golden posted an update 6 years, 10 months ago
“The House passed a last-minute bill to avoid a government shutdown Thursday night, sending it to the Senate, where it faces a much higher hurdle on the way to President Donald Trump’s desk. https://www.cnbc.com/2018/01/18/house-has-the-votes-to-avoid-a-government-shutdown-now-comes-the-hard-part.html
Down almost 5% on the Dow now. So we broke that long record that they been talking about. And this is a good thing it finally happed right. Soon normalcy comes back? After the parobolic month of a life time just got beat up?
Yea, I would think we get some spill over into Monday, possibly stabilize Tuesday or Wednesday and then find the market trading sideways to higher. So possibly another 1-2% downside before all is said in done IMO!
Thanks 🙏🏻