Yes, dumbo. I've been enjoying it very much. NQ drops 628 points rapidly and you say there is zero risk. That's where you're wrong. The only conclusion would be that you don't trade or you're an investor with zero leverage. Also, the few times you've made a real time call it's usually a top call. Post one of your plays in advance or STFU with this stupid nonsense. There was a time I thought you were entertaining, but after you went full retard/troll, you're just annoying.
It's so funny seeing AMZN drop and then the V machine immediately takes over. I don't think I've ever seen more attempt to drop the market this week than any other week. It fails every single time! It just proves over and over again how damn near impossible it is for this market to go down. If you short, you are fighting the strongest force in the world.
Ha, we'll see up 20% more before and we will never ever ever ever ever have another 20% correction again. No chance. Heck, getting even a 5% pullback would be a miracle.
You will be wrong one day, sooner or later. Personally I can't wait for the day it happens so you have to delete your account. Your repetitive posts are getting really stupid and add absolutely 0 value.
Well no shit Sherlock. A 20% drop in the tech sector after earnings are absorbed, can happen only during an extraneous event like a pandemic. The QQQ are fine for now. And we will DEFINATLEY see a 20% drop in the QQQ again. Never say never. But as far as we can see, it will not happen in the next 2 years.
I would normally agree that large cap tech almost always outperforms in the medium & long term, however the reaction to earnings recently doesn't really look that good save for META. I will bet that the reaction to nVidia's earnings will be a sell off and partial recovery. Looks to me like the investor's have moved on from hardware to software for the AI play. The exception seems to be these stodgy tech stoks involved largely in IT services (IBM CSCO IT ACN GDDY CTSH etc.) I try to follow the market sectors that are leading on a trailing 30-day view and it seems the market structure has changed. Speculative tech, travel & leisure, financials & health care seem to be the new leaders. Seems like the hotels, airlines, cruiseships, TBTF banks, capital markets stocks are all still doing well. Even some of these restaurant stocks are booming like SHAK EAT and today YUM broke out of a 5-6 year range. Ironically under Trump's last reign the QQQ twice fell more than 20%. Once in Q4 of 2018 and of course in Feb-April of 2020 during the pandemic.
I'm also seeing some engineering & construction stox taking the lead, and ironically, regional airlines / manufactures (!). Would Warren buy SKYW or ERJ? No, but for momo fools like me, it's hard not to look.
Better be careful, more tariffs coming, inflation data, earnings and Powell on the stand.... There is no 550 coming.... Get ready for some heavy heavy volatility and a drop in QQQ below 500!!! Qqq headed to 475!!!
We are pumping overnight to start the week. We will V the Friday move. This time when it breaks 530 it will get the push to the levels I outlined. This market is still unstoppable and has no realistic chance of actually going down.
We are breaking out folks. Amazing that some thing I'm some kind of troll, when I'm just telling the truth. We are blasting above 540 tomorrow. Enjoy it.