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Since the Coronavirus came into our lives this slice of the stock market has given ordinary people the chance to multiply their money by 96% in 21 days on JP Morgan.
Trading | May 22, 2017
It’s official, the post-Trump-election gains in the dollar have now been 100% erased as the broad dollar index drops for the 8th day in the last 9 (down 2.4% in that period), to its lowest level since November 6th 2016 – before Trump was elected…
So now we assume the narrative flips from “strong dollar” means “strong economy” to “weak dollar” is “great for multinationals” – either way – you buy stocks stupid.
275% in one week on XLF - an index fund for the financial sector. Even 583%, in 7 days on XHB… an ETF of homebuilding companies in the S&P 500.
