If you read the news today, the House of Representatives is opening an impeachment inquiry on President Trump. If I am correct, a lot of people are going to be panic selling and the market is going to plummet these next few days.
I can't imagine many positive news cycles will be coming out with the trade war on China, tensions with Iran, and now this? Short the hell out of the S&P 500.
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Also, I forgot to mention, we saw the S&P 500 double top the last few trading days. Another huge sell indicator.
The wealthy arent stupid. Impeachment is an obvious joke designed only to influence the moronic. However other forces are at play, unrelated to MSM ... it looks risky atm.