Reddit users are absolutely furious at Armstrong:
Posted by u/Slide-Murky
11 hours ago
I give up. Time to buy.
I’m not listening to him anymore. I have lost respect. I missed too much of this rally. I have come to the conclusion with interest rates at zero stocks will only go up. There is just no where else for capital to go.
crash6363
3 hours ago
It was the same for me, I shorted the market thought out April and the start of May listening to Armstrong. In Mid-May I went long and have made £7000 since however I did lose £3k listening to Armstrong so I’m £4K up.
He goes on about all his amazing forecasts and how he is a legendary trader but he is none of these things the Corona virus has exposed him as just another salesman trading of lies of making great calls in the past.
Just a few weeks ago in a interview he claimed to have called the low and the rally
YZ787
11 hours ago
Earnings season is coming up and July I think tends to be an optimistic month. The only thing that concerns me is the left seems set on ruining optimism on the economy and market to remove the current president at whatever cost heading into November. I can’t keep track of what the current MA call is at the moment but it’ll either crash down or up. I think tech stocks are probably not going to retest the lows just because this second wave could be different from the first which was just an overall sell off. I give the investors more credit in learning from the first round. This is all opinion though. Good luck!
postjosh
4 hours ago
i have to admit i'm surprised about how badly martin missed here and that he hasn't owned up to it. he also seems to have not foreseen the current uptrend in the euro. i'm sitting on the sidelines for now but good luck to you.