Yep every loss from yesterday completely erased with new historical highs right at the open....21000 today, 22,000 by April, 23000 by June, 24000 by August, 26000 by October, Santa Claus rally should push the Dow to 30000 by Jan 2018! Keep buying the highs as top executives are all selling their company stock left and right!!!
So can we get a rate hike,.... with a trillion bucks going towards infrastructure projects and everyone becoming millionaires in real estate and stock market the fed better raise to at least 1% ....least if we have a small recession they have some room to bring rates back to zero % to keep this almost decade old bull market going...
$3,000,000,000,000 in market value gained since November, the markets are averaging $1,000,000,000,000 worth of market value each month....there is no stopping this freight train....trillions of wealth is going to trickle down into the economy...but no worries the lower and middle class are totally out of this rally, only the elite are seeing the millions....
I decided what the hell. I just bought 2000 shares of SH with a cash account (NO margin). I figure it might still go up more, heck even considerably more, but long term, there's no way this holds.
You know that that is the consensus view right? Market pricing 80% chance of a hike....just saying...you are finally consensus!
Wait and see what what will happen when the public finally jumps in and starts buying, they will create a bubble, and the Dow will hit 50,000.