Reading articles and watching bloomberg/cnbc and noticed there is not one bearish tone left in this market place, soft landings and a Goldilocks economy seem to be the perfect outcome for this economy. So I ask what is everyone buying next week???
as long as you buy major index you cant lose $$$$$ stocks are too risky..... ZERO RISK in indexes..... NONE$$$
no prob, than it looks like sector ETFS are the way to go: SPY QQQQ DIA SMH IYT HHH QLD Earnings from INTC, AAPL, and IBM are a few companies reporting next week. Most anticipate all of these companies will do well.
not true, I heard there is tons and tons and tons of cash still on the sidelines to be put to work in this market. So I don't think anyone needs to sell. Also, they do have a thing called margin which I'm sure many are starting to use as the markets touch new highs daily.
I am not talking about others I don't have tons of cash on sidelines To your list I would add IWM, XLE
ahh yess forgot about IWM, trying to push above 80 and XLE is good if energy decides to push higher like it did Friday.
http://stockcharts.com/charts/gallery.html?$CPC Next week will close lower then last week. More calls on the table then puts at this point. Another telling sign is that the market has been up 5 days in a row. This has occurred 3 times in the last year and each time has been followed by a brief decline. The golden rule is a market or equity that experiences 5 days up will be followed by a short decline, 5 days down will be followed by appreciation. I say the market will have a lower close next Friday then last.