The afternoon surge is coming. Once the momentum kicks in its going to take off. They already brought all indexes green so there shouldn't be much in the way for this afternoons surge.... NASDAQ 5000 this week.... Maybe today. That should lift the s$p to 2150+
Only 70bps or so to Nasdaq 5k, but I am out of my long daytrade. I just don't have the guts to hold a retracement, even though I know 5k is a 100% likely event, and actually it will probably go past 5k by a margin. Is there anyone short left, please raise your hands?
NASDAQ new intraday high....simple as making a peanut butter and jelly sandwich. No risk....11 days in a row! Keep that number in mind. Wonder if the NASDAQ has ever been down 11 days in a row....
If apple was up today the Dow would have been up 100+ and the NASDAQ 50+ to 5000. Still NASDAQ is up 11 days in a row. ELEVEN DAYS IN A ROW TOMORROW 12....BREAKING EVERY RECORD IN THE BOOK.....
I bought some DOG today in all seriousness, though not on margin. Just to get a measly 400 shares for a long time hold. I realize this lunacy will go on and on, but someday (if reality ever asserts itself), that might just be a nice play. Still long risk in currencies, though - although it's not as blatantly stupid as stocks.
Great time to short MCD. Remember today is MCD ex dividend date. MCD is an old broken restaurant which has tons of competitors and is up on the idea that it is a good idea if MCD buys Shake shack. Should see MCD below $90 in two weeks. Do your own research. New CEO will start his job on March 1st