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RE: Dick’s Sporting Goods, Another Retailer That Going To Bit The Dust
Thanks @morseke1 The next 12-18 months are going to get really interesting.
Thanks @morseke1 The next 12-18 months are going to get really interesting.
I couldn't agree more:
-Cryptos should boom
-Gold and the resource stocks are the most hated in years and COT just show smart money only has 2000 net short contracts. There is usually 100K-150K net short contracts. Sentiment is terrible with massive gold ETF withdrawals since June. Last time COT was at this level was December 2015, just before gold went on a 30% run over the 6 months. One of the largest Precious metals funds just killed the fund a couple of weeks ago due to extended poor performance. The last time they did this was in 2001 and gold went on a 600% run.
-Will emerging markets cause a global crash. Turkey, Venezuela, Argentina... Will Italy and Europe's banking system crash?
-Will a trade war lead to global economic slowdown, which leads to a recession?
-Will we get a yield curve inversion and mark the warning shot for the requisite US recession within 6-9 months?
-Will the stock market boom as it has in the last 12 months of the previous bull markets?
You hit on all the themes to pay attention to in the next 12-18 months, nice summary.