2800 looked possible a few hrs ago but looks like thats not in the cards now. A Lot of earnings this week . If there good they'll be celebrated . If there bad they'll be ignored.Maybe a march to 2900 this week. Downside has been very tough the past few weeks .The mkt is getting excited that lockdowns worldwide are ending . Its acting like things back to normal and the 5 weeks down was just a blip .
Here is a poster who is not afraid of being specific: Maximumpossiblesuffering 3,213 Posts 1,147 Likes You guys have no imagination: The SP 500 cash index will top out at 3224.67 on Monday, January 13, 2020 at 9:57 am before declining to 2321.76 on Friday, March 26th, 2021 at 3:55 pm. Unless, of course, Trump gets reelected! For my market forecast if Trump gets reelected, send $1.00 for my newsletter to: MaximumPossibleSuffering C/O Happy Camper Nursing Home 2 Bladerunner Way Naples, FL 39040 #18 Nov 8, 2019Report Like Reply Share fan27, birdman and tommcginnis like this.
In a like manner, I'm telling you before the fact that I'm gonna SHORT at 2845 when we get there. BTW this will be in addition to 2019 I'm holding from Friday.