Ok and it made a fast V and we’re going even higher. So that was the correction, just a 6 week thing and then even higher 2-3 months later. Hard to brag about that. The only accomplishment is we now have a more unstoppable risk free market than ever before.
I don't know man. I'm not even looking at spy... I literally did that at a glance and still look how close I got. If you want me to look at spy now I will but typically I don't even look at it, never mind trade it. Okay, I just looked and I would agree with Paul...low 400s by the end of the year a real possibility... But you do see v corrections and quantitative easing with SPY so, hard to say.
The entire market drop was predicted a year ago?????? News and current events have no effect on price action??? So the movement we saw at 2pm based on the fed decision had zero impact on price movements? Minutes after liberation day announcement had no effect on price movements??? The pandemic had no effect on price movements? The financial collapse had no effect on price movement??? And when China and the US finally agree to tariff negotiations, that will have no effect on price movement either?? Yep. Got it...
So since you knew 1 year in advance about the drop in stocks, how about you give us with 100% accuracy when new highs on S&P will happen and when the exact moment we will see the next collapse... Go ahead.....
Nada. I'm talking macro movements. That's why I believe Simon from the Renaissance fund said they don't pay attention to news as it is meaningless noise. How are they doing?
WXY, can you rub those Crystal Balls of yours and tell us where the SPX will be on the 10th of June 2025 please.
Well I don't trade it but I myself wouldn't even consider going long now or in June... I'd wait until sub 4600 in September. As mentioned you see a lot of v recoveries with these indexes so who knows...
But wait, there is supposed to be a big news event soon, so big that it will cause markets to go zooming up, you don't want to catch that last huge gigantic big move up before the big drop?? Seems like no one believes a drop below 5000 will ever happen again.
I thought Mark was going to be happy once Papa Trump ruled the Empire and hunted down all the liberals, poor and Mexicans?
lol Their trading horizon is reported to be very short-term. Seriously, you have no idea what you are talking about. Please stop.