Can you imagine how bonkers the market would be if Apple had shown a new phone doing this yesterday? It's Huawei so either it probably won't ever exist or if does it won't work properly, but daayyyuuummm.
woooooooooooshhhhhhhhhhhhhhhhhhhhhhhh thank you permabears for all your money $$$ I love ZERO risk free dip buying $$$ kachingo $$$
Today was the bears last stand. All those who said the market would finally head lower, wrong again. This market is never heading lower. It will ALWAYS be answered by the V thing. There is just no other choice. This will again be at new highs shortly. I repeat, there is nothing on this planet that can stop this forever bull market.
I'm not a bear, but the whipping up and down action is typically seen in bear market rallies. Some of the most violent up moves are temporary.
Oh, this rally will go on for a bit longer. It'll go up until FOMC comes out next week with a rate cut. Then, and only then, we might see it drop. But I gotta say, this has to be the most rigged bull market in history. First, it's in its own universe. It has nothing to do with the underlying economy. It shot up over 600% since GFC in 2008, but did any of you got a raise by the same amount in that time? Only thing that went up is inflation. Anyway, everyone knows this market is nothing but friggin' bubble held up by all that government debt but... why piss in the wind when there's so much to be made???