Sunny Side Up

Is it the best day of the year? The Dow closed up today a sizable 380 points on some good new from Citigroup. The bank says its operated at a profit the first two months of the year. Kiss, hug and pat on the back Citi! Investors ate up the good news, sending financial stocks up and in turn the entire market.

It’s been nice to see the sentiment meter for the major indices finally do some moving and shaking. Today, sentiment for the Dow and S&P 500 is bullish while the Nasdaq is still lingering in the bearish territory. Come and join the party Nassy, its nice up here!

PredictWallStreet has updated their white paper to keep you informed on the latest performance of the PWS forecasts. Just last year, the forecasts beat the market by 65%. Check out the white paper to see how you can use the forecasts to help you in your investing decisions. There is also an email sign up now so you can get daily market updates sent right to your email (or iPhone of Blackberry).

Google (GOOG) fell below 300 down prompting some investors to think “Is Google a good buy?” Well, Google is always a good buy isn’t it? It isnt? Wait, you mean Google is not always the best company on the face of the planet planning for world domination and therefore a good buy? Well, it depends. Google is cheap when you compare it to the days when it was almost 700 bucks. But the reality is Google will most likely never hit that mark again. Mainly because most companies never do, take Apple and Microsoft’s highs after their IPO’s. Not to mention, the market of Google is mainly saturated. There is plenty of room and potential for growth, but for Google to ever hit those high notes again they better be coming out with something better than the internet itself. Investors at PredictWallStreet are feeling pretty good about Google. 66% of the predictors have predicted up. One month sentiment shows that sentiment is slowly moving up to become more bullish after several days of being pretty neutral. Interestingly, looking at the Star Performers the 4 and 5 star predictors have predicted down while the rest of the star performers have predicted down. So whether you want to go with the majority here or the creme de le creme is a tricky decisions. I have predicted up for GOOG because they way the general market has performed today and I think it will keep up most stocks for a bit.

We have Cliff Bars in the office and I know I said they taste like cardboard before but I would like to retract that statement because the chocolate chip one is beginning to grow on me a little bit.

Forecasts beat the market

It seems bloggers had mixed feelings regarding President Obama’s speech last night. Some argued he was still to vague while others pointed out he is focusing on the right domestic issues. But the market had one feeling: down, down, down. This morning the DOW dropped almost 150 points only to recover in the last half of the day to become positive by 8 points. The Treasury also announced that the nations biggest banks will be granted immediate access to the $700 billion rescue fund.

While I’ve been on my McDonald’s high horse lately, PredictWallStreet published a forecast today for MCD. After seeing how choppy the market has been the past few days, the forecast direction was expected. PredictWallStreet forecasts are generated using patented algorithms that are run on prediction data and historical databases containing millions of predictions. Each day a set of unique forecasts is published on the site before the market opens. Between May 24, 2007 and December 31, 2008, PredictWallStreet published 1445 forecasts. Calculations of the forecasts profitability are based on the difference between the opening and close price for that security and a 2% stop loss. To evaluate performances, PredictWallStreet applies the same methodology to the Spdr S&P 500 (SPY).

The forecasts had a return of 41.4% while the SPY dropped 58.4%! During the 2008 financial meltdown, PredictWallStreet forecasts yielded positive profit potentials even though the market was behaving bearishly too! Take a look at the white paper here to see graphs and a better explanation under PredictWallStreet Publications.

So after looking at the forecast for MCD, I made my prediction accordingly. Sentiment is coming down for McDonald’s and becoming more bearish even though the majority of predictors have predicted up today.

In other news, Microsoft’s CEO Steve Ballmer told analysts that he was still interested in striking up a search deal with Yahoo! Whenever the subject comes up, this is usually Ballmer’s reply. The response usually helps boosts Yahoo!’s (YHOO) price for a bit and this is exactly what it did yesterday. So it’s not surprising that Yahoo! is down today after the news subsided. I predicted down today for YHOO. Sentiment is becoming more bearish. Even though YHOO is finally above the terrible ten price, Carol Bartz is going to need to introduce something to restore faith in Yahoo! investors.

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Fed cuts rate to record lows

It’s always nerve wracking to take you’re finals, well because they are finals, but because the next time you see your grade it’s official. There is no “next test I’ll bring my grade up.” With that being said, I was very pleased to login and see I got an A in my security markets class. My other grades don’t even matter anymore, all I wanted was that A in 133 Security Markets.

The Fed is expected to cut rates today to a new record low ( a range of zero to 0.25% is to be expected) and pledges to use “all available tools” to combat the crisis were in right now. The stock market reacted by extending gains this morning. The Dow is currently up 150. It was only up 100 before the announcement. Investor sentiment has also rose accordingly. PredictWallStreet’s real-time sentiment meter shows sentiment to be bullish for the NASDAQ and extremely bullish for the DJIA.

It’s official. Apple (AAPL) will be selling discounted price iPhones at certain Wal-Mart and Sam’s Club locations. There are strong opinions on this move from Apple. Sentiment recently flat lined and stopped falling into the bearish zone. I, personally, don’t see how this is necessarily a bad idea given the recent economy and slow-down in consumer spending. Companies are having to exhaust any outlet they can. Reports Monday indicated that U.S. sales of Apple Inc.’s Mac computers were flat in November and numerous analysts have downgraded there selling estimate numbers for a range of their products (not new news really). But despite things like the iPod market being saturated and Mac sales declining, I think it’s still remarkable that Apple is even able to get close to any of the selling estimate numbers.

I believe the iTouch and iPhone have bright futures and at this point its all about upgrading for Apple consumers. Apple recognizes the slowdown and is reacting fast (Wal-Mart move). As for the fact that Wal-Mart customers may not initially want an iPhone, they are also customers looking for bargains and with the new discount price, they are definitely more inclined to make this purchase. Demand might be down but investors seem to still be feeling confident in Apple as sentiment was recently bearish but is beginning to move up. They’ve also been forecasted today on PredictWallStreet to close up today. Like I said before, these forecasts have been beating the market by about 65% lately so I’ve come to trust them as a crucial tool in my predicting arsenal. I would say that Apple will prove to be a company able to withstand a lot of the economic pressures that other companies will have trouble with.

I just realized I write a lot about Apple. I can’t really help it when there products are so near to my heart and they are in the news everyday. Hey, I’m just giving the people what they want.

Also, as a follow up to yesterdays little blurb on Google, I just went to predict on them and noticed they are up about 16 points from yesterday. Sentiment was also bearish yesterday but has moved up to begin its journey into bull town, USA. While investors seemed a little shocked yesterday at the WSJ’s net neutrality article it seems they are back behind Google’s rebuttal that the story was rubbish. However, I did notice that Google has been kicked off the list of top most trusted companies. I think investors want to trust Google, but it’s often difficult to trust such a giant with so much power. To use that power for good or evil…that is the question.

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Black Friday Aftermath

If you didn’t brave the crowds last Friday, trust me, you weren’t missing much. While I fare pretty well in large crowds, the actual sales were nothing to write home about. I’m just glad I didn’t wake up at 4:00 am to save 20%. My time is worth more money than that.

Black Friday was said to set the tone for the rest of the week for Wall Street. If numbers were up, investors would be optimistic and confident. Yet Wall Street reveals once again investors uneasiness about the holiday shopping season. Despite Black Friday being mildly successful, investors are remaining cautious showing Friday wasn’t exactly indicative of the rest of week. The Dow is currently down 4.88% at 8397.88. Investors were feeling particularly bullish about DJIA gearing up for Thanksgiving weekend, but sentiment dramatically dropped according to predictors on PredictWallStreet to become more bearish, showing how cautious investors are. The DJIA is also forecasted today as well. You’ll have to click here to see what direction it’s been forecasted.

Once again rumors are a whirl that some deal between Yahoo! and Microsoft was going down. Apparently more fiction than fact, as Yahoo’s market cap is apparently $16 billion and the rumors reported Microsoft would acquire them for $20 billion. Something is going on at Yahoo!, nonetheless. Carl Icahn has been swooping up shares and sentiment for YHOO this week is currently becoming bullish, despite that you can see the price is dropping on PredictWallStreet’s sentiment chart when you overlay the price quote. In my opinion, this bullishness is due mainly to Yahoo!’s search for a new CEO, as investors remain hopeful for a turnaround. This bullishness may have been propped up somewhat by the MSFT deal rumors, but I believe it shows investors are optimistic about the company’s future regardless. Despite that Yahoo! is down right now, I have predicted UP for them. In this market, anything goes.

PredictWallStreet has published several forecasts this morning which have been beating the market by 65% in the past months. Most notably, the DJIA and NASDAQ are forecasted. To see what direction, you first must make a prediction to see the sentiment chart, poll results, and forecast results. You can also download the Forecast Ticker which will let you know immediately which stocks have been given signals. The tool can be kept on the desktop while you continue to do work uninterrupted.

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Take the party hat off Tuesday

Thanksgiving is so close I can almost touch it. I make the five hour drive down south tomorrow with nothing but me, my iPod and the 101. I most definitely hate that drive, which is why I haven’t done it in over six months, but I’ll be running on hunger and caffeine so it shouldn’t be too bad. Plus, I can’t wait to talk stocks over turkey and cranberry. My new thing is to sound as smart and pretentious as possible to my parents so they know how much I’m learning in college. It’s all part of a bigger shceme to get grad school paid for. 

After yesterday’s rally, the market seems to have pulled back a bit. Investors are cashing in Tuesday, despite government plans to aid consumer lending companies and a deteriorating credit market. While investors sell off, they remain positive: the major indices show bullish sentiment according to PredictWallStreet’s real-time sentiment meter. This seems to be a good sign; while investors may be cashing in, they remain optimistic about the markets future and aren’t merely trying to pull out fast. 

Apple (AAPL) rallied about 12.5% yesterday. And while this is definitely news to feel good about, it also is part of the ebb and tide of today’s choppy market. One day you’re on top, and the next ya want a bailout. So, rejoice Apple kids, but don’t leave the party hat’s on for too long. PredictWallStreet has forecasted Apple to close down today. The leader in stock predictions, PredictWallStreet has over 115 predictions right now on Apple and 46% of those predictors think agree Apple will close down. Judging from yesterday’s giant rally and this weeks bearish sentiment, I’m making my prediction for down as I have found in the past Apple only sustains gains for a little while before falling again. I can see that looking at one month sentiment, AAPL has been very touchy in the past month, jumping from bull to bear territory fast.

Yahoo! (YHOO) is also forecasted to close down today. Although, 68% of predictors have predicted up for the company, I noticed that overall sentiment this month was extremely bearish, then bullish and has now run flat…kinda like the company, how cute. But anyway, price has been all over the place this morning but my guess  will be it ends the day in the red. Not only is Yahoo suffering firm specific draw backs, but its facing a deteriorating market hat only helps bog it down more. Its like there is no icing on the cake, no icing on top of a already yucky flavored cake. Wait, does that even make sense? It’s tough times for Yahoo! and it seems as if they’re gonna need  super-hero management to drag them out of single digits at this time. 

Enjoy the rest of the trading day, you’ve got 8 minutes. Gobble, gobble.

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Mondays Rally-long lived or die fast?

It’s nice to see a Monday morning rally on Wall Street. The DOW is currently above 8000, always a good sign. With the news of the Citigroup rescue, stocks surged this morning. Obama is also pledging to get an economic rescue plan approved as soon as possible. Such optimism is refreshing when not only our markets but public sentiment is drowning in negativity.

PredictWallStreet’s forecasts have been beating the market by 65% during the 08 meltdown (9/15/08-11/10/08). In our current situation, the markets are driven heavily by emotion. PredictWallStreet’s forecasts not only outperform the markets, they also outperform forecasts that are based on past performance. You can read more about it here.

First Solar Inc. (FSLR) has been forecasted today to close down. Now normally I have felt pretty confident in there position in the solar energy sector, but lately this sector has seen some fading. FSLR derives more than half its sales in Europe, mainly Germany. Germany just announced they were officially in a recession. In there latest conference call they announced all solar projects outside of Germany have stopped. People are loosing faith in solar companies–sentiment for FSLR has recently become bearish and they have a down forecast. What do you think FSLR’s immediate future holds? In my opinion, when Obama comes to office in January, I think alternative energy will get a much needed kick start as a lot of the focus of Obama’s campaign will be towards going green.

I’ve been waiting for the release of Research in Motion’s (RIMM) Blackberry Storm for quite some time and it has been an utterly disappointing experience. I too got caught up in the buzz of the “first touch screen Blackberry” and while I still like the idea and the phone, I can’t help but be extremely angry at how Research in Motion is handling the entire production and sale of this phone. Lets see, lets heavy promo this phone, make a huge deal out of it, push back the release date days, then weeks, then months, make customers even more agitated, and then I’ve got a great idea, lets only give Verizon stores between 10-200 phones each so they will sell out within the first 2 hours. Brilliant RIMM, absolutely. It just seems like bad business to not be able to keep up with a demand you created. Apparently the next production of phones wont even be available till the middle of December. Am I a little bitter I don’t have a Storm in my hand right now? Yes, I am.

Research in Motions stocks may be riding this Storm wave right now, but we’ll see how long it lasts as customers grow weary and completely frustrated. Sentiment for RIMM is bullish now, but in the past RIMM has proven to be an extremely dippy and volatile company that is often hard to predict. I’m curious to see where they will be in January. I’m predicting UP today because I know RIMM is still a fire with Storm buzz, although at heart I still feel pretty bearish about this company. I

Bulls and Bears, Oh my!

It’s Monday and like every other Monday for the past couple months, Wall Street is up in arms over some new report of declining something or other. Despite a good industrial production reading, investors are still contemplating and worrying about a automaker bailout, job cuts at Citigroup Inc. and a continuing decrease in sales for some of the nations top retailers.

Despite weeks of bearish sentiment, there seems to be an upturn for the NASDAQ, DJIA and SP500. PredictWallStreet’s real-time sentiment meter shows bullish sentiment for the three, using processes data from millions of predictors. Let’s see how long this sentiment can hold though.

I was checking My Page today on PredictWallStreet and was really impressed to see that my accuracy rating has gone up to 54.1%  I have not only become better at predicting, but have learned how to utilize the tools on the site to help increase my prediction accuracy. Between using the forecasts for the basis of my predictions and also looking at the direction of sentiment, I’ve become more affiliated with stocks and am able to make better predictions. A few months ago I was predicting the majority of my picks wrong, but now I’m correct more than half the time! It’s amazing to watch your progress and see how far you can come in so little time with just a little practice.

There are a lot of forecasts today for company’s that I don’t really know much about. I have found that it is best for me to predict on companies that I have a higher star rating for, which is coincidentally the company’s I know most about. If I predict on company’s for which I have less than a 2-star rating, I usually am wrong so I like to focus on the ones I am better at.

General Electric (GE) is forecasted to close up today. I’m normally bullish on this company which seems to coincide with the forecast. I’m also a four star predictor on GE and therefore know I have a strong affiliation with them. I have predicted up today for GE based on the forecast and sentiment. Poll results show that 72% of predictors have predicted up for GE today and looking at one month sentiment I can see that even though it is bearish now, it seems to be taking an upward turn. The sentiment chart also shows that GM has experienced some extremely bearish dips right before seeing an upsurge into bull territory.

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Dow Tumbles Below 8000: SBUX, YHOO, GE

Morning headline: “Banks promise they won’t use bailout money for pay” It is striking to me the amount of things wrong with this headline. Firstly, a promise? This sounds like the type of agreement girls make to not date there best friends boyfriend, the type of promise four year old’s make to not throw sand at each other on the playground. And this is the type of contract we are holding our national banking system to. I trust a bank promise about as far as I can throw it. Which I can’t. Secondly, the monumental bailout Congress spent weeks deliberating is now being used to pay stock dividends, pay raises and bonuses. This makes sense America, this is justice. Let Democracy ring throughout Wall Street! A program who’s entire purpose, function and aim was to mend our economy, something I would imagine was written down in contracts, in Congress, in the Treasury, has been taken and used for an entirely different purpose than it was ever intended. But at least the banks have “promised” this is untrue, that they don’t need government money to support such expenses. I believe them, don’t you?

After three straight days of consecutive losses, Wall Street is down again today. Wow, for a second there the Dow finally got below 8000 (!!!) but we’re back up again barely. The jobless claim update this morning has been rather frightening, yet another testament to the no longer deniable fact that our economy is indeed in a contraction. Investors seem fickle. You have the guys who see bargains, the guys who are cautious, and the guys who are just plain scared. Sentiment for the major indices has been up and down and up again this past week. Right now PredictWallStreet shows bearish sentiment for the DJIA, NASDAQ and SP500. The SP500 and NASDAQ have hit new lows not seen since 2003.

Should we talk about something a little less negative? I actually have some stuff that is pretty positive and upward speaking. I wish I had a basket of puppies to give you, but its actually better-PredictWallStreet published 15 forecasts this morning and only one has a down forecast. A little green to brighten your morning.

Starbucks (SBUX) was forecasted earlier this week to close down. And they did. Now they are forecasted to close up. While sentiment remains bearish, analysts are split in whether they think the company will see a rebound or is weakening continually. While I don’t necessarily see Starbucks coffee as a priority expense, there is no doubt Starbucks has a cult following no matter how the economy is doing. They plan to cut more stores and restructuring will hopefully prove well for the company in the upcoming weeks.

Yahoo! (YHOO) has been forecasted to close up today. Poll results right now on PredictWallStreet are split perfectly 50/50. Sentiment has been bearish for the past week but recently saw a small upward turn. If you’ve been keeping track, the story goes: Yahoo! was open to a deal with Microsoft, Microsoft said they weren’t interested in a deal with Yahoo!, and Google walked away from a deal with Yahoo!. Yahoo! is pretty much that kid who gets picked last for the dodgeball team at recess. They just can’t catch a break. Irregardless, I think its pretty obvious Yahoo! needs some sort of partnership/deal right now to help them out before they reach single digits. I remain pretty bearish, contrary to the forecast. Maybe they’re just having a good day, but I’m not sure about sustainability.

And lastly, General Electric (GE) is forecasted to close up. I’m curious to see about this one. Recent reports have stated GE hit a 12 year low but its seems people are seeing a bargain rather than a huge loss. In the long run, GE will most likely recover so maybe it is a good time to buy or hold on to these stocks. Just my opinion. Albeit, headlines of the 12-year lows are sure to shake any seasoned investors confidence. There are almost 300 predictions on GE this morning and about 70% have predicted up. Between the forecast and the amount of up predictions, I’m gonna have to predict up as well today.

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Scary Sentiment: FWLT, RIG, SPWRA, VZ, WMT

The weekend can never be long enough. I was pondering the other day about creating another day in the calendar week to make it 8 days so that there would be a day between Sunday and Monday. I realize the impossibility of this, but it was interesting to think of how everything would be so much better in my life if I just had one more day. One more day to study for midterms, one more day to do laundry, one more day to catch up on sleep… If only….

The market is going a little cuckoo this morning on reports of China’s $586 billion sitmulus package had investors a buzz only to leave them flat hours later. Circuit City recently filed for bankruptcy, revealing even our nations strongest retailers are being hurt by the economic downturn. General Motor shares have finally reached a 60 year low and the government is giving even more money to AIG. Oh joyous day! Wait, question. Tomorrow is Veteran’s day-is the market still open? This may or may not be a stupid question. Just kidding, I googled it. It’s still open.

The sentiment meter on PredictWallStreet shows sentiment for the NASDAQ, DJIA, and SP500 bullish, with sentiment extremely bullish for the DJIA. While I was checking a few of my standard securities this morning, such as APPL, YHOO, RIMM and GOOG, I noticed sentiment for them specifically was mostly bearish. Guess I need to look a little harder into finding those bullish companies.

This is what it looks like right now. It updates every fifteen minutes so it will of most likely changed by the time you see this.

PredictWallStreet has five forecasts this morning including FWLT, RIG, SPWRA, VZ and WMT. While I would love to tell you about all of them, I’m gonna focus on Verizon and Wal-Mart.

Verizon (VZ) is forecasted to close down today. Churn rates for Verizon have been low according to recent reports, but subscriber growth has been better than expected. Clearly the two major wireless, Verizon and AT&T, are being propped up right now by competing phone brands- Apple and Research in Motion. In my opinion, for Verizon to have any chance to get in the race the need to release Research in Motion’s new touch screen Blackberry Storm. The release has been largely halted and kept pretty secretive, with no release date in site and only bloggers predicting its release date of November 14th. Citigroup analysts have reported that RIMM needs to launch the Storm by the holidays and I think this recommendation is in line for Verizon as well. Known for having under par phones, it’s crucial Verizon release something as fun and innovative as the iPhone to keep them on the frontier of smart phones. The Storm could be the answer…if it was ever released. Sentiment for VZ has fluctuated the past month, with some dips into the bearish zone, but looking at one week sentiment shows investor feelings are becoming optimistic. I have predicted down today. Until we see the release of this phone, I think VZ is going to be bogged down by pessimistic feelings of the general market.

Wal-Mart, oh Wal-Mart. WMT is forecasted to close down today as well after a few weeks of more bullish forecasts. Has the overall market sludge finally seeped its way to the retail giant? It seems consumer anxiety has finally reached a level even a dose of Xanax can’t remedy. Most major retailers are feeling the slow down, with large decreases in revenue and measly expected holiday sales. Wal-Mart had proved to be the crying shoulder for conscious consumers looking to spend less but it seems it’s a long fall from the top. Sentiment for WMT is relativley neutral, although it has been fluctuating in out of bull and bear territory the last month. Right now 70% of predictors have predicted up for WMT. I’m following the forecast and predicting down after watching market enthusiasm drop quickly this morning.

I just realized I haven’t checked my online stock simulation in a long time. Maybe I’m in denial. I think I just don’t even want to deal with it because I’m afraid it’s that bad. But I have been neglecting it long enough and I think its time I put myself, literally, back on the market. Because frankly, I want to start writing about my stock boyfriends again and I need to find some new ones. And also, because I don’t want to be afraid anymore of my money (whether its hypothetical or not).

Have a good Vetarans Day, whether you are working or not. I know I’m stoked-no class!

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“Economic Pearl Harbor” C, BAC, AAPL, RIMM, DJIA, NASDAQ

No one should ever have to sit through a four hour class until 10 p.m. on a Tuesday, no one. Especially a Security Markets class being taught at a graduate level by a some sort of genius. As my professor sipped on his Taco Bell soda, he told us he had to “rearrange” his lecture because of recent events. He clicked through his slides and every so often there were giant red X’s where he had removed text. “That was a paragraph on investment banking,” he said. “How many of you want to be investment bankers?” Few people raise there hands. He just laughs, like smart guys do when they want to make you feel not so smart. But I knew what he was saying even through the Taco Bell straw laugh. There is no investment banking. The top 5 investment banking firms are essentially kaput. That Wall Street job you’ve been dreaming of most likely doesn’t exist anymore, at least not right now. Our economy, the one we knew a few years ago, maybe even months, doesn’t exist. It’s hard to see how much history is being unraveled right in front of you when you’re a part of that history. This is supposed to be the stuff I read in books, not my life.

Oh and messy it is on Wall Street. Stocks declined this morning after a seven year high was reported in jobless claims. As consumers begin to wonder if the bailout plan really is enough to ward off a recession, the The Dow Jones fell again today about 300 points. Wamp. Wamp. Sentiment for the major indices is surprisingly bullish today, according to PredictWallStreet’s sentiment meter. The NASDAQ, DJIA, and SP500 are in the extremely bullish zone. Huh. Guess people are still hopeful even when they don’t have jobs!

W. Buffet (the OG investor) is scared. Scared is probably pushing it considering this guy has more money than God. In case you didn’t know, he owns a few thousand shares in Heaven Corp. Don’t be surprised if when you get to the gates, Buffet is standing there to let you in holding a Coca-Cola, passing out See’s Candy. He warns about the repercussions if the bailout doesn’t get passed urging that US economy needs it more than Wall Street and giant investors.

PredictWallStreet’s forecasts today include Apple (AAPL), Bank of America (BAC), Citigroup (C), General Motors (GM), Morgan Stanley (MS), and Research in Motion (RIMM) to name a few big ones.

Apple (AAPL) is forecasted to close up today. Sentiment spiked up today after a few days of being bearish. Right now there are down almost 7% so I’m curious to see if they can recover that much and actually close up today. Consumers seem to be optimistic, so hopefully AAPL can stay strong.

Bank of America (BAC) is forecasted to close down today even though checking the sentiment graph shows people are bullish. I would think because of all the banking mishaps lately people would be less hopeful for the banking industry, but perhaps since BAC has remained out of the negative headlines, people still have some trust left. Citigroup (C) is also forecasted to close down today, even though sentiment appears to be relativley bullish.

And Research in Motion is also forecasted again today. RIMM is forecasted to close down. Once again sentiment seems pretty bearish. Hmmm….

So I’m noticing that the forecasts seem to be contradicting sentiment. If a stock is forecasted to close down, sentiment still seems to be bullish. Which is also odd to me because every financial headline is screaming about how scared investors are so I don’t get why there so bullish. Perhaps sentiment hasn’t caught up yet with price. Perhaps investor are trying to be bullish because they know panicking right now would only be worse for the market. I feel like there is a better answer to this conundrum and if anyone has the more insightful answer I’d love to hear.

Ps. Don’t drink any milk or eat any candy today. You could die. Seriously.

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