what do you know AMAZON traded to $420 dipped all the way down to around $375 and now back to $400, even after giving light guidance ....the street LOVES LOVES LOVES LOVES amazon, no matter what the earnings are this stock always outperforms the averages....simply amazing...
NASDAQ cracked 5,000 Party's just getting started 1999 will look like an ant hill on the chart Dr Dre, Snoop Dog,and Kanye West will start HFT hedgefunds Surgeons will daytrade while operating, because they'll make more money in 1 hr daytrading realtime stock charts will be on screens next to MRI and Xray images. 5,000,000 high school students will daytrade during the bus ride home on their Iphones
Tomorrow the markets will open up a 1/2% higher and surge right into the close....I expect a 250-300+ point rally on the dow and 75+ on the NASDAQ tomorrow with all indexes closing at historical highs. Buy in the after hours tonite because tomorrow morning you will not be able to catch the extreme upside when the markets open up....they are literally going to jam the markets straight to the upside. Zero risk all reward.
In the end, pls allow me to say, the Fundamental Reason why stock market can not go down is that stock markek's going down is Not Good for everyone, the individuals, the corporations, the US economy, the world economy. So it's a lose lose lose lose situation. That's the reason why you Always see the market go up. That's the big picture, you get it? Just another example, if you open the chart of s&p since it was tradable, you will see regardless there were some corrections on its way for some years, it always goes up. Because on this planet, nobody wants the market to go down. You get it? That's the answer I have thought about why the market always goes up for a long time.
Amazon adding an incredible mind blowing insanely $27,000,000,000 to their market cap today....do their earnings results really warrant that extra $27,000,000,000 in marketcap? Guess the market knows the answer to that one...
Yes I know a cloud business which hopefully can keep on powering ahead...that is an extremely competitive market.... Neary everyone is.jumping into that segment of the market
Just playing devils' advocate. I used to wonder the same thing 15 years ago...but that is how markets work. Suppose the reversed happen -- I can then say, what happened to cause $30bn to disappear. Or if the SP500 dropped 10%, what caused $1T to disappear. The fact is that markets fluctuate, and such thinking just causes you to FADE whatever move happens. Some times fading works, but often it fails.
nasdaq up 5 days in a row, no pull back at all since last Friday, 5 straight up days with ZERO RISK Today nasdaq is up over 38 points to 5094 WITH ABSOLUTELY NO PULLBACK IN SIGHT, AFTER APPLE earnings next week the nasdaq will surge another 3%+ and close the week above 5250+ By end of may it should be around 5400 by summer 5700, fall 6000 and close the year most likely around 6500, remember zero risk all reward all the time, buy as much as you can, its guaranteed to move higher no matter what the circumstances, nothing can take these markets down, remember that. Just keep buying and buying and buying..... Prices Close* Apr 23rd 5,056.06 Apr 22nd 5,035.17 Apr 21st 5,014.10 Apr 20th 4,994.60 Apr 17th 4,931.81