Market getting Frothy

in LeoFinance3 years ago

Pump or value that is the question with this stock market. It seems to be living off of the g man giving it gas. Low interest rates and free money.... Right free, until the tax man comes knocking. I believe we are at a interesting place as the market loves stimulus now, but will it also love the tax hikes coming with it.

Or does it even get passed that is also a question. So for example, Tesla was up big on the news, and then closed 6 bucks down on the day. Still below the moving average, so what is that tell us. Are the big guys using this to sell in to the news or does the chart just need some work before it goes back up

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Here is the 5 min chart that shows the after hours from yesterday.

Posted Using LeoFinance Beta