trying to predict this sp is pretty futile
best stick to macro thematics, look beyond the week by week (unless you're the day trader type)
this shift in consumer credit is driven by consumers
they are sick to the back teeth of paying very high interest and very sneaky fees
if you truly recognise that the shift is here, and growing, then the only way is up
who cares if it's $4 tomorrow ...or $3 by end of week
hold, forget what 'experts' are saying...listen to consumers
it's bottom up investing....don't let the volatility in sp put you off
focus on consumers...and credit losses (which zip must must improve)
that's it
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trying to predict this sp is pretty futile best stick to macro...
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