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Just look at the hungry buyers gobble up any dip. When you see this kind of index buying, it has to be the central bank. What sane person would buy every single dip. Let me explain. When money costs you nothing and you never run out....well that explains everything.
Folks the FOMC will rig the data. They remove and add inputs into the inflation data. Did you know that residential housing prices are not included in the inflation figures? That's how they get away with endless money printing. Yet 90% of the population sees it right in front of their face.
Welcome to the land of perfect, where the stock market never goes down and everyone is a stock market millionaire.
If you went long NQ today orrrrrr short RTY. Meanwhile ES swam mostly sideways. But we won't mention what MiniDow did on a stock market never ever goes down trading day.
Sure we will. It's called a rotation back out of values and cyclicals and into growth. It's the reverse of what was going on in the early spring.
Every dip in NQ is bought, hand over fist. No matter how high. Fresh all-time high no problem buy buy buy
No WAY man, I ain't taking the bait this time at record highs. Been burned once too many on longing the ATH. I'll wait for next dip on NQ. The YM trade reached within 30 ticks of my target and fell back. Still waiting for that as well. I have a feeling bank earnings coming up will help boost it.