200 is nothing, 6000 s$p by December 2018...look for 300 points per month . By December 2019 s$p will have a complete meltup to 15000+!!! You heard it here first, there is absolutely zero risk, every one is getting in the market, there are going to be over 30 million+ millionaires by 2020 (currently around 12 million millionaires in the US today)...there will be over 5000 billionaires in the US alone (right now about 500 billionaires in the US) There is going to be a complete meltup... nearly every student, grandmother, uncle, teacher, chipolte employee, foreign exchange student, bell boy and Walmart greeter talking about their investments and how they became millionaires, this will be the biggest wealth creator in history to all that humankind has ever witnessed!!!!!
How do you have a 25% year up in the index if you don't have several (many?) months with strong percentage gains?
it's different since we're already up +40% going back to the lows on election night Nov-2016.. my guess is that inflation gets hot in the next couple of months and you could even get a surprise rate hike that spooks the market.. bottom line is that optimism (and pessimism) ALWAYS gets ahead of reality..
Lol...i was trading in '94 when Greenspan raised rates unexpectedly. The result was turmoil in the bond and stock market (i was v lucky since i was long index puts). They ain't gonna do that again.
I think this time would be more in line with something like a 50bp hike against a 25bp expectation. it's possible.. not that it would kill the bull market on it's own but at least introduce some downside volatility conditions the way they are.. theres no excuse for the FED to holding the economy's hand.. over heating and excessive risk taking is still a real issue for central banks. hilarious is when journalist still talk about the ongoing "recovery".. 10 years later
Journalist tend not to use the word 'boom' because everyone knows a bust follows a boom...recovery sounds like a much milder word to use.
Where do you guys get free EOD index data (S&P 500)? Yahoo? I'd like some stuff that I can download in Excel. I have access to futures data, but would like some index data as well which I'm currently not paying for and probably don't need either. Thanks.