This relentless upside without downside volatility is unnerving. Makes you wonder what could upset it when the BOJ owns 75% of the assets in all of their ETFs. Have never seen anything like that before.
Dow is up 2% for the first week in 2018!! That is a significant return if you think of it for the first 4 trading days of the year! Imagine if it was down 2%?? The fed would have stepped in already to get things propped up once again....even if the markets drop 20% it would a drop in the bucket considering the return it has had since 2009!!!
The ATM SPY calls are up 500% in 4 days. Now I am curious of a strategy just buying ATM weekly calls every Monday and holding them into expiration.
As I mentioned many times before and I'm shocked it's not being said, but these are markets mankind has never witnessed, why everyone is nonchalant and not even questioning it is beyond me...I guess everyone is just stuck in their own money making stock market bubble where literally nothing can go wrong...it's amusing how a continuously falling market has people questioning it non stop hour after hour day after day, but a market that literally only goes up is being ignored any questioning what so ever...there should be cnbc segments on what is actually happening and why this phenomenon is taking place.....it will come to light after the next bear market and collapse comes, that's the only time it ever will....
That's insane...I'm glad I don't follow options I would be going crazy over how much potential profits I could have made
Years ago, a 20% decline was considered, "just noise" rather than a crisis. Perhaps this will continue through the mid-terms and even into the 2020 Primary. Stocks waaay up, unemployment down, wages up, etc. Maybe the Left would "come around" and reject the Socialist Progressive Commie DemoCrap BS we've had shoved down our throat's over the last decades... ?? And have America become "America" once again. (Oops, got carried away... Mods will probably move this post over to Politics.... or maybe delete it and gig me 2 demerits.)
In normal everyday markets 20% is the normal, but in today's market with nothing but upside a 20% drop would feel like a crisis!!! Keep in mind the higher the markets go without a pull back the more significant the drop... markets could melt up 50-100% in 2 years but keep mind even if get Dow 50,000 the drop would bring us straight to today's Dow closing...it would be a gigantic move...
Oh and a record breaking fact: They have also notched key milestones this week. The Dow closed above 25,000 for the first time on Thursday. It took the Dow just 23 trading days to rally from 24,000 to 25,000, marking the fastest 1,000 point move in the index's history. The move is also tied for the fastest ever in terms of calendar days at 35.
23 trading days to jump 1000 points....fastest in history...wonder how it's going to feel to drop 1000 points in a few days when it happens ...hmmm