The S&P 500 Hit All-Time Highs!
Who would have thought we’d see this print with all the ‘uncertainty’ that has surrounded the markets? I am not sure who else predicted it but I know; I did. Read here and here.
One entire year ago; I indicated to free subscribers that we weren’t headed for a recession but would soon go on to make all time highs in the stock market. As we sit at 240; my first target was hit. To be clear; I projected a top anywhere around 240-250. Does this mean the market crashes now? Of course not but it does signal for me a:
Warning! Warning! Warning!
Considering the market is a very dynamic entity; my analysis never stops. What happens now is; I go back to my charts (I have already started this); and begin to postulate what may happen next.
But for now; since the 240 target is hit; I am signaling for myself a WARNING!
Tina Lashley holds a Bachelor of Arts in Forensic Psychology and a Master's of Science in Mental Health Counseling and has been a stock market participant for over a decade. Currently a Full-Time Trader and Blogger of all things financial.