If we're being honest with each other there is nothing that can stop this market. Yes, there's always the chance of a black swan (nuclear war) but the odds of that are 1/1000. Earnings are spectacular--we're looking at like 75%+ beats across all sectors. Tax reform is going to pass but it's not even priced in (presumably on the 1% chance it fails now). So why did e.g. the market go down 12 points this Thursday? There is absolutely no reason for the S&P to not go up 100 points over the next month just like it did over the past month.
Submitted October 20, 2017 at 05:23PM by UrbanIsACommunist http://ift.tt/2gALqkR