Perceived expectations? After the 2020 elections, no matter who ends up the White House for the next four years, is there any reason to not have a feeling of dread? Then again, money is the fuel that feeds the markets. The Fed has been continually providing that fuel. Buy and cry ‘till the “party” ends?
rt shoulder building, anyone....or is this thing too strong for a deeper correction.? .HS proj about 3243.roughly 38% off overnight highs
Likely get a little pullback for gap fill today and then more upside. ---Don't have to get a gap fill though.
The internet was fine, the issue was bogus companies with nothing but water on the books and a pitch. Wall street is not financing those kinds of mind deals. The market is not so much focused on current or past earning but anticipation of future earnings. Evidently views are bullish. In any event, we don't fight the tape....if it wants to go up, we want to go with it and vice versa.
I don`t thonk we`ll come in that hard ... if we do at all... sweet buy at 58.25... did`nt have time prior to post it...
Agreed 100%... As traders never rationalize the market... Market is always irrational but it`s also always right & correct!
Man, when these markets get bullish, trading gets so damn easy. Wait for a pullback, place large stop, let it bounce around until it hits target, rinse repeat.