Thanks for the reminder 99% of these market pundits are frauds. If they were the real deal they'd be trading not running their mouths.
Nasdaq is up 64% from dec 18. and already 10% this year It's very close to 2000 insanity. If virus scare passes it will blow another 20% easy. Maybe in a week How are they going to sustain it? Is Fed preparing summer crash to depose Trump? what would be a reason to blow such a bubble?
Think of all the money that gets put into the market every week. All our pensions and stock options now, no one left to sell haha
The FOMC has given cry baby Trump everything he asked for. Still not enough, now he wants negative rates. Im sure weak dick powell will give him what he wants.
Those gains are coming off a major correction in 2018. Nasdaq composite was DOWN 4% in 2018. Nasdaq in 1998 and 1999 were 39% and 87% gains. The sell job on "insanity" at this point has no real legs. You and others can keep posting it as much as you want but it's meaningless overdone hype.
What have we learned in the last 5 months? Very simple go long anywhere and you will make money. Every knee jerk correction has been bought. Until this stops, carry on and make the easy money. I know it's hard to buy after such a run remember the hardest trades are usually the right trades.