You remind me of myself. When trading the stock indexes from the long side you stand to profit if you just hang on. Stock indexes do not go to zero like some individual stocks can. The indexes always recover.
wow you are back! Some here thought I was you lol. Yeah for sure, the difference as we have reached a new era, where the pullbacks we used to see aren't allowed anymore.
Keep in mind at the rate the dow has been moving since the lows at end of October that if it keeps up at this pace it will be trading at over 65,000 by next December. I don't think earnings can even come close to justifying such a number!!!!!
Well, it seems to be a year end hysteria of all window dressers out there. Goldman warned yesterday, that all CTAs will sell the S&P500 in each scenario within the next week. Hmmhhh!
Fed indicates 3 rate cuts in 2024??? Funny how quick they are to cut rates Just another bubble in stocks starting to develop.....
The whole Fed thing is a joke, but no such thing as a bubble. Good luck getting this to pullback again. QQQ is almost at ATH like I said. It can't be stopped, it won't be stopped.
You can already see QQQ is making a massive weekly green Candle. This won't even hit below 400 again this week. Could actually take out the 409 ATH, and then we will see if it can get to 420 this month. I just don't see how this can pullback. It can't fall more than $1-2 without the V being there. Like it's completely impossible to imagine this having any type of pullback.