kingworldnews.com / May 09, 2017
With the Dow hovering near the 21,000 level, the U.S. dollar rallying, gold weakening, and Bitcoin going parabolic, we are now only months away from the end of this insanity in major markets.
By Bill Fleckenstein President Of Fleckenstein Capital
May 9 (King World News) – The early going saw the indices slightly green, with the Nasdaq leading the charge as the heavily weighted big-cap momentum stocks within powered the rally. By midafternoon, when I had to leave, the Dow and S&P were slightly red (the latter tried to make a new high, but fell back), while the Nasdaq remained a little higher. Please check the box score to see how the day ended…
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