I expect tomorrows jobs number to be a blowout. They most likely will count temp staff during holiday season. If the stock indexes do dip just buy or sit tight. New highs will soon be announced.
Up up up and away...the fed is committing so many hundreds of billions that its non stop buying. This is not going to end well. Just saying.
Well at least im trying, and not a bystander. As traders we are required to trade. Not sure what your doing here. The website is called "EliteTrader".... Not EliteInvestor....or EliteAnalyst.
I suspect they will get it into the stratosphere...then when a fall comes they can still say....we are up 2000% from the last crisis. So a 20% retrace is not a big deal..
I am both a trader and an investor. You seem to be a long only trader or at the very least only analyze the reward but not the risk. Newb mentality to be sure. It's a blowout waiting to happen.
I can see that being the case... The way these stocks are moving is incredibly insane. Amazon has added $80 billion in market cap in the last month ...Microsoft $75 billion And apple a fu@king huge gigantic $190,000,000,000 That's $190 billion in market cap in one month. There is no way this can continue. When is a company finally fully valued?