Same reasons he called the last 100 crashes since the Covid correction . This scam has been on this site through several posters over decades they just keep calling for crashes and try to pretend they didn't later. Note that Ken was extremely bearish summer/fall 2022 on US indexes; I was advocating buying value at what I perceived as a likely bottom ( eg I recommended JPM at $103-$108 ). He specifically said repeatedly 'imminent crash to well below Covid lows within months'. That being said, Trump is such a bad President policy wise that he could conceivably be a real negative catalyst here. Is this why Ken likes Trump .
Yo V'... You should always focus on Compounding using the SPY... Each day, buy new 100 shares / 1000 shares... Always Be Selling Covered Calls / Always Be Buying hedge Puts 1STD Expected move below prior close for when there is a Gap down the next morn to reap the benefits of morning sell events. Use your covered call money to buy your hedge puts and Bobs Your Uncle. You need to understand that The SPY is controlled by VIX and Liquidity at Delta. Tattoo that on your weak brain Bubba. Consider trading 0DTE straddles in the last 30 mins of the day if you have the SPX/SPY above huge Put Volume Wall Blocs... and then make the trade and watch for a large Gamma increase in ratio to delta into the close and then exit the trade... You are holding for the closing V spike. Then Bank the profits and sing Dixie you out dated fossil. You need to understand that TA (Tech Analysis) is always random 50/50 coin flip but compounding by hedged investing daily is the way to supreme wealth. You need to understand that market prediction is redic' and hedged investment compounding is supreme. You need to understand that THE MARKET IS DESIGNED TO REWARD HEDGED INVESTORS & DESTROY UNHEDGED TRADERS. You Grok You Neanderthal ? You need to watch the VIX closely, 1-3 minute bars, to see real indications of market turns or trends. Most other indicators are redic. and... Max Pain levels are B*S* because Market Makers are always hedging their risk every second of the day after they buy or sell options to the other traders so Max Pain is random nonsense. and know this you OLD SOB... I played pro hockey... I own Las Vegas... and I eat Guys like you for Breakfast...
If this does trace out, that vertical climb at the end could be robot availability to the average consumer.
Yes the QQQ hit a new ATH. Yes this market is a permanent money glitch. It will always trick some to think it's going down, but then rip a V and go even higher. There still remains no choice for the market, but to keep going up. NOTHING CAN STOP THIS FORCE EVER!
That's an interesting comparison. ChatGPT == Netscape at the software level & nVidia == Cisco at the hardware level. Cisco eventually had a lot of competitors at least at the optical switch level. The big iron that nVidia sells doesn't seem to have any competitors but I think AMD has the know how but not the capital to compete. The money bags in SV (or the hyperscalers) should invest in AMD if they really want a cheaper way to get the hardware.