In this report I cover the market action for Wednesday, May 17th, 2017 as the Dow and S & P dropped nearly 2% on the day and the most since September of 2016.
I agree with you. The valuation of the companies in the SP500 (and other indexes) were very high. So it was natural to expect an important correction.
What do yo think of platinum?
It is a mixture of industrial and precious metal. But silver is also industrial and precious metal.
The ratio platinum/gold is at its lowest point.
Is this another head fake for the market to plough on.. Who Knows
You just need to be ready for when the real crash comes ..with
Food
Water
Cash
Silver
Gold
and a safe place to wait it out
This post has been ranked within the top 50 most undervalued posts in the first half of May 18. We estimate that this post is undervalued by $12.10 as compared to a scenario in which every voter had an equal say.
I have only recently started watching maneco's video's and I like his calm way of discussing the markets.
I agree with you. The valuation of the companies in the SP500 (and other indexes) were very high. So it was natural to expect an important correction.
What do yo think of platinum?
It is a mixture of industrial and precious metal. But silver is also industrial and precious metal.
The ratio platinum/gold is at its lowest point.
Is this another head fake for the market to plough on.. Who Knows
You just need to be ready for when the real crash comes ..with
Food
Water
Cash
Silver
Gold
and a safe place to wait it out
This post has been ranked within the top 50 most undervalued posts in the first half of May 18. We estimate that this post is undervalued by $12.10 as compared to a scenario in which every voter had an equal say.
See the full rankings and details in The Daily Tribune: May 18 - Part I. You can also read about some of our methodology, data analysis and technical details in our initial post.
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