LMAO yep it made a similar weekly candle to last week which is what I expected. Now what happens next? So NVDA will touch 600 on Monday. QQQ probably gets to 424-426 and then things get interesting because in a normal market you would get a pullback there, but they will gobble up any dip so have to keep expecting this runaway train, unstoppable force to continue. I just don't see how it can ever drop when they will instant V everything.
Yeah exactly what I said. Targets reached. So if this were a normal market you would get a violent sharp pullback here, but we all know this market isn't capable of going down. I wish it could pullback for another incredible V opportunity, but good luck getting that.
It's going to get crazy how high this ends up and they've taken away the ability for this to have the most elementary pullback. It's like having a goaltender in place or a great volleyball player that can dive to save the ball before it hits the ground. Every $1 0r $2 drop is automatically instantly bought up no matter what, so how exactly does it end? NVDA could eventually hit 1K. They don't care if it's going to be worth 2 or 3 T. You noticed how TSLA had a big drop today and the Q's/ market completely ignored it. I was told I was an idiot for saying the lows of the year are already in. So to get to QQQ 396 it would have to selloff about 8% from here, and that's just here. When this blast to 435-440 it will be more than 10%. You really think this market is capable of that kind of pullback? I'm all ears if someone can explain to me how this market can actually have a pullback. I don't want to hear about what it did in X year. This is a completely new ballgame. We've never had a time in history like this where they've taken the ability for this to drop. If every dip is being attacked/ bought up this will never be able to have a meaningful pullback as they will just continue buying every dip.
Futures should jam higher into the overnight as they bid up the same tech stocks.....as long as they can keep jamming the same high flyers with biggest market Caps the market will keep printing free money. Everyone is going to be a millionaire over the next few years as these markets keep handing out money. There is nothing that can stop it. Historical high after Historical high. Everyone is going be living the High life. Fed meeting plus earnings will jump the dow to 40k this week. Yes 40k. You are going to see a massive gigantic inflow of funds just buying every single stock that people can get their hands on. They will pay any amount. As long as they keep buying higher highs without a pull back we should see records going Into the end of the year with the dow on track to go as high as 70k. Yes I said it 70k by December based on the trajectory so far. So keep buying. If you can borrow as much as you can and keep buy anything and everything...market is printing free money day in and day out and now with 24 hr trading at some brokers you can make free money while you sleep.....free money is here to stay !!!
As we have said FREE MONEY galore!!!!!! Guaranteed 100% as the article says. Stocks are close to flashing an ultra-rare indicator that's led to a strong year of returns 100% of the time https://finance.yahoo.com/news/stocks-close-flashing-ultra-rare-010541340.html#:~:text=Stocks are flashing an ultra,an average gain of 15.6%.
Yep. Market at this point being forced to go up. Pretty incredible how guaranteed it is to go right back up after a mini pullback like yesterday and that took everything they had. We've never had a more bullish, risk free, unstoppable market like this.