And today its small caps on top. Same scripts from past few years when the algo's have the liquidity in their corner.
There is zero risk in the market. The Fed magically makes it all go away. The drop from Feb to end of March never happened. You were safe the whole time. That is why Rickshaw is still here, promoting this idea. Oh, wait a minute, he's not. Same thing over and over again.
Another price target upgrade today for amazon from your Friends goldman sachs, someone has to keep amazon in rally mode to keep markets juiced, and amazon is the easiest way In a note published Thursday morning, Goldman Sachs raised its Amazon price target to a street high $2,900, implying 20% upside from current levels. https://markets.businessinsider.com...e-biggest-bull-raise-target-2020-4-1029123627
Who still remembers the good old days, when the S&P was making new all time highs on the regular. Six months from now those days will be a distant memory.
Ya because we're going to blow the top clean off once most of this settles down and all of that stimulus hits.
Close those equities in the green. Gilead trial fails yesterday and today fda issues major warning against Hydroxychloroquine and chloroquine!!!! I believe it was that free free free free $484,000,000,000 Stimulus package that got things heated up ..... More free trillions to follow.
Oil collapsing this morning. Down 15%, but equities are skyrocketing like there is no such thing as 26 million unemployed or an economic shutdown. Everything is peaches and cream and pretty butterflies amd colorful RAINBOWS!!!!