How the hell is the vix still above 12....this thing should be under 10!!! VIX 12.67 +0.01 +0.08% LAST | 3:04:31 PM EDT
I have the book, so I'll check it out. Anyway, I ain't saying this market cannot go higher from here nor am I suggesting that you should short the market. But this market is nowhere near the level of 1999 hysteria? I beg to differ on that one. If this market doesn't look hysterical enough to you, I dunno what world you're from.
You think even the biggest bulls on wallstreet are like wtf....I bet even they hare clueless about what is going on...and if they aren't letting some shares go I would be quite surprised....
8 days to go in June. No red days at all this month. Largest red day was -0.41. I kid you not! 41 cents lmao. Thing is up $20 in the past week and a whopping $42 since the fake drop on May 31st. Monthly gain of 7.62% Only question: Will we hit 500 in June or early July?
Yeah, but didn't you also say at the time the market could never go down in our lifetime? Well, it did drop, didn't it? And while your account went down during that "fake drop", some people actually made money. My point is, stay humble. Otherwise, this market will make you humble.
Everyone's retirement accounts will be at record highs tonight..... Literally printing free money. Looks like everyone is going to retire early and collect free money forever. ...cause that's what is happening.....if a half million dollar portfolio can get a free 20% return we are talking 100k worth of free money every year. Why the fu"k do.you need to punch a clock....thank you wallstreet and free money every single day.
For like 3 hours lmao. At some point after it hits 500 there will be a drop to take out 468 gap that now feels so far away.
Hint: the government doesn't "print money" directly, the primary dealers to the central bank buy its bonds on a regular basis, and then sell them to "private parties" around the world. Who do you think these private investors are, what do they want in return for lending all that money at 5% interest? And where did they get that money to begin with? You're going to have to detect the black hole on your own. You know they've never seen one directly with a telescope, just the stars getting sucked in with no possible hope of escape....
What's all this got to do with evolving TECHNOLOGIES? Plus, this has nothing to do with the reason why the Fed had to print money in the first place, which was to add liquidity in the financial sector so the economy could function without any major hiccup.