QQQ The March to 500

Discussion in 'Trading' started by v-shape-0DTE, Jun 14, 2024.

  1. S2007S

    S2007S



    Chances of a US default ehhh 0.3%

    Chance of a world War ehhh maybe 0.8%

    Chances of ai spiraling out of control ehhh 1%


    Us default has been talked about so many times that by now it's just hear say ....never going to happen and if it did the fed would print more money and do some other wild parry magic tricks to stop markets from falling anything more than a few percent


    World War, nahhh. Another thing doomsdayers worry about. Wouldnhave happened by now. If it did markets would drop for a week and then continue a rally to new highs


    Ai ....maybe a quick sell off but then once again resume it's upward trend becsuse ai is the future and wallstreet needs ai to keep the rally moving


    So all of these scenarios aren't happening...


    Do.you have another 3??
     
    #31     Jun 15, 2024
  2. S2007S

    S2007S

    #32     Jun 15, 2024
  3. vanzandt

    vanzandt

    And yet one more "they weren't around for this"...

    upload_2024-6-16_4-52-48.jpeg

    Deeper than it looks.
    :rolleyes:
     
    Last edited: Jun 15, 2024
    #33     Jun 15, 2024
    Zwaen likes this.
  4. schizo

    schizo

    All this time, you've been bitching nonstop about the market going higher, and when I finally agree with you for once, you change your mind? LMAO. Okay, wise ass, you're on your own.
     
    #34     Jun 16, 2024
    Picaso likes this.
  5. S2007S

    S2007S



    Let's be real here


    Us default is not happening. Every single time we bump up against the debt ceiling they raise it again and again amd again and again and again and have been for decades. They will never stop raising the debt ceiling and will continue to amass trillions upon trillions in debt. It just shows the higher the debt ceiling rises the higher equities go....

    Talk of a world War have been pushed around for the longest time. It's like the doomsday clock always a minute or 2 before 12. Wake me up when it's past 12 ....

    And the ai, well who knows. We need ai here to create an ongoing wallstreet market boom because if we did not have ai now, markets would easily be 40% lower ...
     
    #35     Jun 16, 2024
  6. S2007S

    S2007S

    #36     Jun 16, 2024
  7. schizo

    schizo

    Only 500, ya pussy? Why not 5000? I seriously think you should just STFU and go long. Yeah, why don't ya sell your house, including your wife and children, as well as your entire savings and buy, buy, buy! Who knows, you might become an overnight millionaire that you've always envied. :sneaky:
     
    #37     Jun 16, 2024
  8. I posted this elsewhere the 30th of January and thought I had re-posted it here, too, but couldn't find it now:

    When I made that post by end of January this year, the S&P 500 closing price was 4924.97.

    Friday's closing price was 5431.60 with the S&P500 up 13.87 % on the year.

    So, based on my technical data, I figure this year easily sees a high print of 20 %. Which means the S&P 500 have another 292 points to go.

    In the quote above I said "20 % seems crazy", but it doesn't seem so any longer. Let's dig further...

    14 of the green years since 1975 had a high print exceeding 25 %.

    That would put the S&P 500 at 6023 by end of this year. I'm sure some think it sounds crazy, but it's not like it hasn't happened before.

    Not a prediction per se. More like an expectation of where the market may go by year end if the bull market persists.
     
    #38     Jun 16, 2024
    vanzandt, Picaso and Zwaen like this.
  9. Zwaen

    Zwaen

    I just used my own version of lagrange multipliers, and draw 3 lines: it is certainly in the realm of possibilities:
    lagrange.png
     
    #39     Jun 16, 2024
    Laissez Faire likes this.
  10. I'm no insider but it sure "feels" like _someone_ is printing money to be able to buy the controlling stakes in all new technologies useful to their consolidation of control of all things information related. Think of who owns all the shares bought with QE over the years, and what thay _could_ be mandating on the company boards.....
     
    #40     Jun 16, 2024
    Laissez Faire and Zwaen like this.