Guru Login

Do you care about the rich?

I know I said the rich are buying luxury items which has increased durable goods, but this does not equate to the masses doing well. However, the rich buying these items creates jobs, revenue, and cash flow into the system.  The rich buy property and play the stock market so they do have their place in society; although many of you may think different. The S&P is hovering between 888 - 920 and can’t find a true direction.

Comments are closed.

Disclaimer: Past performance is not indicative of future results. Trading futures and options involves substantial risk of loss and is not suitable for all investors. Fundamental factors, seasonal and weather trends, daily news, and other current events may have already been factored into the markets. The use of stop loss or contingent orders may not protect profits and may not limit losses to the amount intended. Certain market conditions make it difficult or impossible to execute such orders.