Just to put it officially in bear market territory. We are now in a new bull market. Just watch. Eventually when the next push enters the mania stage they will tell the public to buy in because its a new bull market.
sounds good to me buddy. I hope the bull market never ends and it goes on and on forever. more money for me.
it will go for the foreseeable future.. https://www.bloombergquint.com/glob...olds-have-record-cash-on-hand-chart#gs.3cub42 it's not only the joe six packs missing the rally, even the wealthy guys did too... massive sideline cash out there.
When woman loves, she loves for real. When the stock market loves, she loves for real. Fly to the moon stock market, I be in the back sitting by the window relaxing and listening to my good buddy R. Kelly.
There’s always cash on the sidelines until there isn’t and you realize all those funds are borrowed monies.
I already laid out all the evidence... the next push is coming.. SP should be at 5000 right now but they are not advertising this (I should say 'my team' is not advertising this).... it's so obvious why are people so blind. every dollar is 'borrowed'.. that's irrelevant.
So the thesis is that the entire market is manipulated and "they" know it should be at 5000. That being said, I agree that if there isn't a legit crash soon, retail traders will be suckered back in. Slow creep up.
I consider 'my team' more like the trainer holding the elephant stick... the elephant is too big to move by brutal force, but it can get off balance, and if you hold the stick and know where to poke to create pain points, you can move the elephant.... and they do have a lot of tools - buying/selling power is one, they can move the market, but they don't do it without purpose... and they do control the media, hence you need to watch what narratives are being pushed. I think my team knows that the SP should be at 5000, but you can't pull it straight up.... attracts too much speculation money.... so it has to be worked carefully... don't advertise it until it gets there, shake the price action when there are too many short term speculators on board etc.... I use forexIG, but my pro guys probably have even better tools... but this is not rocket science... the evidence for the dumb money sentiment is everywhere, either by indicators or by social media farming.... the retail sentiment is the best because it's guaranteed to be wrong.. btw I just saw a post saying that trading should be looking at price only... I used to think this way, but that is not optimal.... if the narratives are used to manipulate the public, why not use it to your advantage? trading is like unfolding a story.... short of being in those secret meetings of e.g. when to start a bear market like the one in October... I want to position myself as close as possible to what the pro guys do, with all the info I can gather.
I don't know who your "team" is. Forward P/E for S&P over time. May not be overvalued/undervalued but do you notice a pattern? How many generations does such irrational exuberance last? I'm not trying to pick tops or bottoms. I agree with you that "they" can manipulate the media to drive the market where they want it to go (see Tesla - bought seriously OTM calls at ~$260). But either the new manipulation is permanent or people kinda just say "eh... I don't want to be in such a blatantly rigged system anymore" and the dumb money exits.
People can say eh all they want. But eventually nobody can resist the fomo. If we are entering a permanent 3% interest era then sp should be at least 5000