One thing is for sure when trading the indexes, no need for stops it always comes right back, seem you can buy any were it may dip but is always comes back. Here watch I will buy a Dow mini contract right now @ 12635, their just watch, I may even add more if I get the chance, hope it dips so I can add to it. NO FEAR EVER IN THIS MARKET. Just jump in anywhere will do it seems, it just so easy making money in the indexes.
What sane person would want to own government or corporate bonds when inflation is running at a real rate of 5% (maybe more)??? You have negative after tax returns!!! It's like giving corporations and the government free money!!!! Until equity P/E multiples rise to excessive levels, it won't happen. You just have to exercise caution in picking the right sectors.
Pretty impressive action. Not that anyone on ET trades technically, but the SPX breaking out above Tuesday's 1448.73 high is very impressive to say the least after bouncing off support at 1435.00 the other day.
yep, and it looked like there were a lot of sellers all the way up as well....guess its friday games and play time.
all the consumer confidence indexes dropped. PPI up sharply (but only if you include gas and food... who needs that?). FED utters some words about economy isn't slowing. Gee doesn't that further corroborate inflation on rise? All great news says the timed market surge.