Like I said, nothing can stop this market. Going to ATH. Why again did it drop? How did it ever drop? LMAO
Earnings are set up to always get "beat". No matter what happens it will always be this way. As we enter green day 9 out of 12 you really have to wonder how that drop ever happened in the first place. QQQ 445-446 is next which nearly put this at ATH. Market is so beyond unstoppable it's incredible.
Given the reported weakness in MCD and SBUX along with the continuing price declines in used cars, next week's #'s should be interesting.
Thing is a runaway train north this entire month. Would be shocked if there is a single real red day (not the fake QQQ down $2-3 just to V a few days later). I don't think any event or release the rest of the month matters other than NVDA earnings which will send all of tech to the stratosphere.
It's not just the earnings beat but forward guidance. ~277 next year may be low if rates come down faster.
He is a contra indicator, he will come back within a few days of the high of the move to cheerlead. When he comes back, take profits for sure and then initiate a short position.