about a year ago I asked the question - with all the free money printed by the central banks, what is preventing them, or anyone who can borrow enough, to buy up the entire stock market... today still nobody can answer this question. with 10-year yielding 3%, the SP500 fair value should be at 5400 to yield the same. yes, crazy.... but that's what the Fed Model says.
Post the trendline from 2016 lows till now on SPX Notice where the 2018 lows are at 300 spy still in play by Jan 2019
Oh look the markets are up...SHOCKER. Lunch headline....As we hit our session highs....Same thing over and over.
The doom and gloom has passed......Nothing but blue skys. Come on mom and pop the waters fine jump in.
All news reported now will lean towards the fed holding off the June rate increase. The markets will cheer and move higher. Geesh its so easy making free money again. Oh don't worry about oil, its transitory.
Everyday is an up day in the land of perfect. Not 1 dip, straight up. So what happened to all the sellers....LOL
Accidentally sold NQ position, reestablished at the high of the day. High of the day hahaha, every day will be a daily high as we mach back to all time highs. Tell everyone this is going to be the easy money train choo choo back on track.