Good Thing Y’All Watched This Past Weekend
The price of my Winnie the Pooh coffee mug is being tested. So is this precise zone on the S&P 500.
STILL NOT financial advice, this points out how market prices of anything are determined, in the way that you can understand. No, it did not include a phone call to your Joe Broker, where I get a report of earnings estimates, which were in turn, created by someone else. That someone else, by the way, may have other motivations, like creating revenues for other areas of the same institution (like corporate finance).
In The Hopper, Look For This Video (Not Yet)
We Have Been Here Before, Last Year
This episode changed the dynamic, the setup began to change. Indices ignored it. Not anymore. We are here again. And this time, the world is far more uncertain than it was a year ago.
Medigap: The New York State Example