Tuesday, August 17, 2021

Cathie Wood Says Inflation Is Transitory. She Couldn’t Be More Wrong

 
August 17, 2021
 
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Cathie Wood Says Inflation Is Transitory. She Couldn't Be More Wrong
I'm not very active on Twitter.

I use it to curate specific news feeds that follow macroeconomic trends, natural resource fundamentals, geopolitics — particularly China — and sector-specific equity analysts I admire.

I also follow a handful of "personalities" related to investing… names you're likely familiar with.

I usually try to keep my thoughts to myself... But from time to time, those "personalities" step outside of their comfort zone and into my arena — the natural resource and industrial supply chain.

And surprisingly often, they say something spectacularly wrong about things I happen to know a great deal about… That's when it's hard to keep my fingers off the keyboard...
This Is One of Those Times
 
The No. 1 Crypto to Trade and Growth Stocks Bleak Future
Every Friday, I like to go over the predictions I made for the stock market, and boy was I wrong about this past week.

Last Monday, I said mid-August looked like it would be just another slow week in the stock market — at least on paper… and that investors should be prepared because I wasn't buying that for a second.

Turns out, I should've bought it as it ended up being another boring summer week after all.

My expectations may have been a bit of wishful thinking... that we'd get some bigger daily moves and volatility back in the stock market, which I know is coming.
How the Week Turned out
 
"Roger, You wanted feedback on these videos... I think they are invaluable!  You are doing a great job and I really do appreciate getting your take on the markets."

Chris H.

Bollinger Bands® are a highly popular technique. Many traders believe the closer the prices move to the upper band, the more overbought the market, and the closer the prices move to the lower band, the more oversold the market. Bollinger Bands® are not a standalone trading system. They are simply one indicator designed to provide traders with information regarding price volatility.
 
 
 
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