Never a down day in the land of perfect. Where everyday is a new all time high in the stock indexes. So easy making RISK free money. Every sell off is met with FOMC endless money supply. Just keep buying there truly is ZERO risk. Could the indexes drop sure, but not for long. Powell the puss has rolled over to his master Trump.
This is the sort of market where if your trading from the long side, entry really doesn't matter, as long as your not using a lot of leverage just sit tight you will be made whole.
I remember Q1 earnings where suppose to be a disaster according to the financial media. As it turned out they where not a disaster. I don't hear those dire predictions this time. I would wager this time will be a big earnings disappointment. They will blame Trump and the trade war.
Remember folks the easy money is made overnight. Buy the cash close for the Sunday night gap up on the open.
Hilarious How can this possibly be news when last just a couple of weeks ago they were yet so close ... Lies and games and games and lies!!!! Dow slips from record after Trump says ‘long way to go’ on trade with China
Indeed ...Dow Should rally straight to 28,000 by that fed meeting and add another 2000 points by end of August on superior earnings results!!! Dow 30000 by end of August, keep buying and buying. Zero risk all reward all the time!!!
Speaking of earnings, more free money from Netflix tonight. Stock should easily rally after earnings since last quarter they lowered expectations they should easily beat analysts forecasted results All they have to do is show over 5 million subscribers and the Netflix rally is off to the races. I'm sure they did over 6-7 million!