TA doesn't work when price is this far into a breakout.. nothing in the chart is going to tell you when this stops... however DOW futures up 1% premarket looks like the long version of panic capitulation.
I might update my Dow predictions today....looks like the Dow will be averaging 200-300 up days now, risk free so a thousand points a week and we could get Dow 75,000 by December....this is the most risk free bull market in the world....no such thing as down only up....26,000 at open, 27000 next week!!! By Valentine's you will get all the love when the Dow closes in on 30,000......take cash advances out on credit cards, remortgage your house and keep buying....
By the way cryptocurrency market is plunging!!! But no worries since everyone who has cryptocurrency is investing in stocks they won't even feel the cryptocurrency dip!!!!!!
Make free money while you sleep, then do what you want all day, shopping, golfing,exercise. Very little happens during the US session.
Yeah, US sessions are always boring. It either drifts up all session in a boring, controlled way, or it has a fall at the open and then wipes out them losses with interest with a sharp rally. Personally looking for 2850-2870 area over the next few days, but as always not sure whether to just get in here, or whether to with for a drop and get a better price Need the apprentice to start posting so that I can piggyback him!
What's this.. Another Amazon prediction, to surge 23%!!!! My question is when do people realize a company is fully valued????? Is there such thing now that irrational exuberance has completely over taken the markets??? Amazon to pop 23% this year to near $800 billion value, says Wall Street's new biggest bull on stock Amazon stock rose more than 1 percent in premarket trading Tuesday after one Wall Street firm issued a top bullish call. BMO Capital Markets raised its price target to $1,600 from $1,200, the highest 12-month forecast on the e-commerce company of any brokerage on Wall Street. Thomas Franck | @tomwfranck Published 44 Mins Ago https://www.cnbc.com/2018/01/16/bmo...cent-this-year-to-near-800-billion-value.html
Amazon adding another $10 Billion in market cap the first 7 mins of trading.... remember when I spoke about the law of large numbers!!