No Comment
by JDH on February 11, 2023
I have no comments today. Nothing.
Nothing has changed since last week when I asked the rhetorical question Is the Bear Market Over? My answer is no, there is more pain on the horizon.
I realize the Canadian jobs report looks great, but unemployment is a lagging indicator. In the short term, it tells us nothing.
The SPX was essentially flat on the week.
Bitcoin is down 4% over the last 5 days.
Gold is slightly down.
Nothing is happening.
I assume it’s the calm before the storm, so I’m sitting back, holding cash, and waiting.
Enjoy the Super Bowl; perhaps next week will be of more interest.
No Comment
by JDH on February 11, 2023
I have no comments today. Nothing.
Nothing has changed since last week when I asked the rhetorical question Is the Bear Market Over? My answer is no, there is more pain on the horizon.
I realize the Canadian jobs report looks great, but unemployment is a lagging indicator. In the short term, it tells us nothing.
The SPX was essentially flat on the week.
Bitcoin is down 4% over the last 5 days.
Gold is slightly down.
Nothing is happening.
I assume it’s the calm before the storm, so I’m sitting back, holding cash, and waiting.
Enjoy the Super Bowl; perhaps next week will be of more interest.