This ai circle jerk is the reason the spy is above 5500. Strip out ai and spy would be whimpering along under 3000. The nasdaq 10000. Today alone Zuckerberg added 10 billion in net worth after the stock jumped... Once again, all because of ai
Long only is not trading. It is investing. Just like @maxinger says this is not eliteinvestor.com, however even hedge funds don't hedge anymore. They are just long only funds that charge 2/20. The original hedge funds hedged against downturns and made money by creating alpha but those days are long gone. When the party ends the permabulls won't be around to answer for their dangerous advice of buying all dips. What were these permabulls doing in 2022? There were plenty of 10-15% collapses on the NQ. I remember reading r/WSB in October 2022 and those guys were on the brink of suicide, ironically right at the bottom. Just like Cramer in December 2018 right at the bottom.
they were just living their lives collecting dividends while you glued your eyes to the screen trying to eek out a living.
As I’ve said before and some will still disagree, but ever since they added everyday 0DTE options it has limited the downside risk. Market can only drop for very short periods and the dip is always going to be bought. This is the new normal of the market. Could we see another week like we had in April at some point? Perhaps, but it’s difficult to see any period of sustained downturn. I’m sure either later this week or next week there will be a decent dip after this runup, but that’s all it will be and eventually it will be back at the highs. I think the perfect example is a stock like META. Got crushed on ER and then like magic it’s been pumping nonstop since. So if there it’s dip or a down week or 2 everyone will be buying the dip and it will eventually V.
I will say it again. A 25% drop in the s&p takes it to sept/October 2023 lows.....now if you go back to October 2023 the economy was doing absolutely perfect, jobs plentiful, gdp doing great, corporate profits going gangbusters and inflation falling just as the federal reserve wanted Now If a 20 to 30% drop came sweeping in, it would feel like a depression for most, the fed would step in a lower rates to 3% or less....there would be extreme panic across wallstreet...but the funny thing is the s&p would still be above 4000 and only down slightly on the year....
You actually believe the reasons why markets are.closing at. Record highs is because of ODTE options on a few etfs?????? That is certainly not the case at all....where are you coming.up with this reasoning??
Even after another 20% straight run and the spy at 6500 to 7000, by that point a 10% correction would feel like extreme panic.....
In the last 5 days I have a growth tech fund in my retirement account up nearly 4 % year to date its up nearly 30 fu*king percent!!! 30% and its only july......these returns are absolutely insane and in very much amazement getting to be extremely questionable of how much more this can go.