In Reply to: Mong cho Cramer nói trúng posted by GS on Jul 24, 2020 at 20:22:14:
BOTTOM LINE (However, you have to make your own decision)
"Normal annual seasonality says that we
are in a weak period until late September.
But election years are different, especially
with a first term president, and the normal
tendency is to trend upward until mid-
September of an election year. That latter
scenario is more likely now, especially
since Jay Powell has promised to continue
QE through September. Look for a stock
market bottom due July 24, then more
upside movement. Silver is making a
blowoff up move, and dragging gold
along for the ride, but this is likely a terminal
move for both of them. Bonds are
being held unnaturally still thanks to the
Fed, but the forces of the universe are
conspiring to push bond yields upward for
the next several months."