If you take in weeklies/monthlies, long overdue for a 2 year retracement. Going back to December, many attempts to breakout failed. When handful of small breaks on weekly pivots happen, can view it end of continuation, time to sell calls to hedge stocks. Am waiting for ES 5900 to sell more on retracement.
No one on this thread has ever mentioned Harry Dent? We are traders here, looking to make money from both the selloffs and subsequent rallies. Perma bears lose money most of the time, while buy and hold perma bulls average just 10% a year over the long run (and just 6% after inflation).. Buy and hold works best when you buy and hold off the crashes, 2009 and 2020 etc. Buying at or near all time highs gives lousy long term returns.
CONGRATS once AGAIN to all those who play the ZERO risk free money just buy the dip system $$$$ futures ROCKIN .. permabears are f'd in the a'... I love 100% up room to go with ZERO risk free money $$$$ CONGRATS $$$
Since this thread was started (Jan 2007) the S&P has returned 8% per year Better than CPI over that time, but not worth constantly cheerleading about like a retard.
Because the overwhelming majority of the time it's up or making V's. The down moves are always rare and unsustainable. The tide has already turned and the V is already happening. YTD the Q's only down 5% and this never has a down year so it's going to be a rocket ship from here. We had about 8 solid red days in this stretch which was impressive! Even you have to admit, the market always flips on a dime and the selling just vanishes overnight. Yes I only see up because most of the time that's the way the market is. We are about to see a very green week.
Congrats to all who survived the fake bear market of 2025 and bought the crap out of the dip. You are about to get paid! I still don't know how anyone actually believes a market like this can ever go down. After a few down weeks it's ALWAYS a rocket ship back to the top. No one ever feels any real pain. ALWAYS a powerful V. Whatever BS they sold you on how this time was different or why the market should fall, well it was wrong again and it will always be wrong.
Nonsense, last year the 4 week selloff that happened in July/August took 15 weeks to get back to all time highs. And we are currently back below the early July 2024 price level again, 9 months later. You are not going to get big annual returns that you saw off the 2022 bear markets lows every year. In about 50% of years, the markets, both the SPY and QQQ make below 10% returns per year.