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RE: Dick’s Sporting Goods, Another Retailer That Going To Bit The Dust

in #money6 years ago

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?

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You hit on all the themes to pay attention to in the next 12-18 months, nice summary.