Gotta love ZERO RISK in the SP500 = $$$

You said sleepy Joe, so that clearly states your agenda.

You can make any point in an unstoppable bull market. The damn market isn't going down no matter. Make whatever theory you want and you will sound smart.

 

We've gone about 90 days since the nadir of a 5% correction while the average is 67 days. 90 days since 10%, average 291 days. And 352 days since a 20% correction with an average of 823. We're a bit extended but present circumstances are not unprecedented.

 

Never a down day in the land of perfect where everyone is a stock market millionaire.

 

I actually agree with you here. I never interject politics into trading. Its one of the worst things you can do. Trading calls for unemotional actions and re-actions. If I mention election Novembers... I am only talking about the market effects and the trading opportunities

 

Of the gentle breeze and winds falling
The timeless turning toward the distance
What fate may bring as these wheels turn
And of fortune, he will only say....

But as he speaks, I ride along and listen
For he has chosen this path
And I the rider can disembark at any time
Where it will take me, I do not know
But I will ride along for a while
For it is not the destination that really matters
But rather the journey is what I prize

 

lol, during the last month there has been almost 50% down days in the S&P.

The S&P is making new highs just not every day, not even close.

 

Yeah, but the red days are so tiny and the thing is always sitting within 1-2% of an ATH.

Look at today, same old story. The BTMFD V never fails.

This thing can't gain any traction to the downside whatsoever and that is fact.

 

Stock index futures contract rollover. Look at that gap up from H24 to M24

 

Feels like something is brewing. A nice correction seems to be setting g up of at least 5 to 8%.....let me say even a 1 to 2 % sell off will literally feel like the depths of hell when it happens since markets have only been going 1 direction for 5 straight months with nothing but unlimited upside. And with predictions of the markete only gaining because it's an election year seems as if every inkling of a drop will be bought, we'll don't be surprised if this time it's not.

 

Watch the 10yr. 4.30. Get to 4.5 and start going up to 5% you will see a nasty nasty sell off but of course any dip of a few hundred dow points is a screaming buying opportunity...