Tag Archive for Momentum Stocks

No Pomo = No Momo????????

Monday is one of the first POMO-less days in a long time… 1.5 billion of “monetization” is not going to help put a bid in for stocks in my view as today’s 5-7 bn of printing did not help stocks catch a bid… The market is insanely overvalued folks, and a bear market is coming…

If the government retards can’t figure out the debt ceiling (and I hope they don’t as it’s bad for America to keep running up our debt to the criminal banksters) then the bear markets will ERUPT!!!!!!!