Ed's Posts
Thought for the day, plus some posts on the Stock Market, Finance, Politics, and Life!
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“Life is what happens to you while you’re making other plans." – John Lennon
“Love is granting another the space to be the way they are and the way they are not.” - Werner Erhard
The S&P 500 had a down week, chopping sideways after a big drop on Monday (see chart below). Using technical analysis, a cup with handle is forming, which could be a positive sign. If it plays out, price will have continue up and close above the last high on 10/12/20, and then it could form the next leg up. Only time will tell. This is an exciting time to watch the markets!  “A man must be big enough to admit his mistakes, smart enough to profit from them, and strong enough to correct them.” - John C. Maxwell
“When dealing with people, remember you are not dealing with creatures of logic, but creatures of emotion.” - Dale Carnegie
“Life is not about waiting for the storms to pass... It's about learning how to dance in the rain.” - Vivian Greene
"You cannot teach a man anything; you can only help him to find it within himself." ~ Galileo Galilei
“Find the good. It’s all around you. Find it, showcase it and you’ll start believing in it.” ~ Jesse Owens
After closing higher on Monday, the S&P 500 chopped lower during the week closing lower on Friday (see chart below). However it is only -2.71% below the all time high close of 3580.84 set on 9/2/20. The market is holding up very well during these turbulent times before the election. Then who knows what will happen after the election?  |
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October 2020
Disclaimer: Information on this website is to be used for educational purposes only. Information found here are personal opinions and not advice from a professional financial advisor or broker. All trading and investing comes with risk!
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