The S&P Could Rally Past 4000!
The S&P Could Rally Past 4000!
Jim Welsh of Macro Tides talks with Blake Morrow to talk about the wild volatility the market has had this week. He summarizes some of his key points of the week, and what traders should be looking at into next week.
One of the big events he covers is the ECB and how he thinks the EURUSD has bottomed near term.
Jim also thinks that TLT or bonds could rally further.
Jim is also looking at the S&P 500 to get back to the 4000 level and possibly higher before turning back to new lows.
Jim also thinks gold is a good “buy” down at current levels.
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JWelsh@SmartPortfolios.com
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