Daily US Opening News And Market Re-Cap: June 23

Tyler Durden's picture

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Iam_Silverman's picture

My prediction is that the DJIA will soar today.  Who knows, 150 or 200?  Once it sinks in that we are pulling out of Afghanistan, the government will have tons more money to pile into the equities to promote their "wealth effect"!  the "smart money" will buy in now thinking that this will be merely a dip as stealth POMO kicks in with a renewed "twist" and more money to spend (due to lower defense expenditures?).


To da moON---->

Iam_Silverman's picture

OK, maybe I was a bit optimistic?  It's gonna be a tough slog for the PPT to pull off their usual afternoon ramp into green.....