Get your rally caps on... http://online.barrons.com/articles/...o-new-highs-1424901186?mod=BOL_hp_highlight_4
NO WORRIES ABOUT THESE economic numbers, Just a slight miss, expectations were for 58 and it came in at 45.8 BUTTTTT no worries as economic numbers do not matter any longer in this market, a few years back the markets would have taken a clean dip on these figures but in 2015 it doesn't matter, this is a new invented market where the worse of the worse economic numbers are ignored and no matter what the fed has your back so no worries, just buy this .08 dip this morning and make free money all afternoon because I can feel them trying to push it higher as I write this, volatility is dropping again which means everyone is very comfortable moving forward, just keep buying the .05% to .015% dips and make free money, and no that isnt a .50% dip thats a .05% dip, big difference!!! There is no such thing as a .50% dip, remember that! The Institute for Supply Management-Chicago Business Barometer fell far more than expected in February, plummeting to 45.8 from January's read of 59.4. It was the worst read for the index since July 2009, and it was well below analyst expectations for a reading of 58.
Yet another DOW 20,000 CALL! This market is full on BULL With Nasdaq 5000 seemingly a foregone conclusion, market pundits are already looking ahead to the next big round-number milestone: Dow 20,000 is "definitely" going to happen this year, says Paul Schatz, president and CIO of Heritage Capital. "And if we get there we're going to go above it. "
still short yes, by the time you see the breakdown its too late, the markets will be off 2-3% by the time you notice that, trust me, you don't know about the breakdown until afterwards and by then its too late to sell any stocks you might have bought the last few days because they are already down in the red! I sold all of my XIV today for a nice profit after buying under 30 last week, think I might have sold too early but unlike others didn't want to be too greedy, will buy it back next week, there probably won't be a pullback anytime soon so I might have to wait a few weeks to a month or 2 to get XIV back under 30, I might be lucky and get back in under 31 next week if there is a small 0.23% dip! Right now its trading at $33.00.