You didn't fall for those lies about falling interest rates did you?
At this point, it's 2024.
We know for a fact that Wall Street banks are not here to help you or tell you the truth. That's not the business they're in.
The Financial Media has never been in the business of telling you the truth, so that's nothing new.
But the fact that they've been telling you all year that interest rates are going lower is hilarious.
None of these groups of people are here to help you. They're only here to help themselves.
And that's fine. There's nothing wrong with a Bank trying to profit for their shareholders. Just like there's nothing wrong with a media business trying to profit for their respective parent companies.
Profits are good.
Just don't think for one second that they're going to put your needs ahead of...
It’s common practice to follow the major stock market indexes to get clues into what kind of market environment we’re in.
This is important because when considering trades to put on, I would be better served if my next idea aligned with the current market trend and volatility profile.
But sometimes, the market (as one defines it – could be “the S&P 500” or “the Dow” or “the Nasdaq”) isn’t giving me anything conclusive to make a firm decision against. I’m getting mixed signals. This is common.
One way I have found to get a better indication of the market environment is to simply use my own portfolio as a guide.