I bought SPY@209.95 and kept buying lower. Feels really mindless because it will surely go up. Not saying it will stick higher, but rally for an hour, of course...
Question is does the market bounce back 1% + tomorrow and gain back today's losses???? wait wait who are we kidding, everyone knows tomorrow we rally... buy the dip in the after hours and get ready for the massive turnaround rally tomorrow no risk...remember that..
Market is on the verge of a breakout, it's been ranging for some time now. Trend remains up, yet looks topped to me. I am still short Nikkei as don't see daily bearish oscillation run its course.
Zero risk....if you bought today's dip you will automatically make free money tomorrow when the markets gap up over 1/2% at the open...all loses will be completely erased by mid day......it's impossible to get two down days in a row on wallstreet Futures should gap up the entire night right into the morning... Even oil is surging and should be back to $75 by summer and $100 by winter....thank you wallstreet once again for inflating oil prices...can't wait to pay $4.00 a gallon... S$p fuT2092.00 8.00 +0.38% DOW FUT17933.00 69.00 +0.39% NAS FUT4422.50 15.00 +0.34% OIL61.39 0.99 +1.64% More Markets 11:48:55 PM ET
Interesting juncture, as if market is waiting on the FED to throw it a bone (QE) up we go or if not then down we head (for now).
I can't believe your asking this question...It always bounces back. It won't fall until we are closer to a new administration.