Chances favor this happening on the 28th or the 1st I've already opened a short position elsewhere Yup, FOMO, guilty as charged Hope all are enjoying the ri$$$$$$k free monies. Not a penny of ri$$$$$$$$$$k I stopped doing them years ago. Very time consuming and needs a lot of accuracy. I knew a guy on another forum who could predict price to within one tenth of a point on a 5 digit index.
Right now they are prepared to V everything. This market has lost all it's ability to go down. Day 3 of 100% green with not a singe red print.
Thing is going vertical. This is exactly why you can't ever hold short. You are always going to get blown up. Market always wants up. Poor bears. They will never ever learn.
https://www.benzinga.com/markets/25...lition-of-unilateral-tariffs-no-factual-basis Yea..this was what I was talking about yesterday. Trump can now PR any fake news, fake talks, fake pending deals..anytime, anyplace. And obviously hes doing exactly that. Harsh Talk-> Drop the market..allow insiders to buy->fake good news-> allow insiders to sell
I don't understand the rally itself. I'm just going on price action. It seems nothing has really been resolved at all. I think yesterday's continued rally means a likely run to the Fibonacci retrace SPX 5650. Maybe another 3-4%.
Clearly I was right. The fact that it bought every dip was a sign. I can't wait till this market hits ATH this summer. This bull market will never end.
Stock markets are still well off all time highs, so is your retirement fund making new highs? It's not really printing new money until it makes new highs. More likely it is just re-printing previously printed money! Unless you invested loads more at the lows that is.