SPX 5000

SPX is going to ATH of 5000 by July 4th.

The war is over (almost), Covid is over, job market is great, interest rates going up, economy is healthy.

Bears please prove me wrong.

 

We're not scared of them bulls.

 

seems pretty obvious at this point. Fed want this UP. +50 ES points per day on average with the occasional down day to keep the bears interested. ALways the same, tbh

 

volatility is rough

 

Last time I checked $SPX is still 180 points below ATH.

 

Yeah, that's quite a thing when just 2 1/2 weeks ago, it was down 600ish points from the ATH

 

Well like the famous old-time comedian George Burns once said when asked how to live to 100, his response was first live to 99.

Therefore similar answer, how to make new ATH's, first get back to ATH's.

 

Unfortunately, he just barely made it past 100 before he died. Should we use him as an analogy of this latest rally? Heh.

 

should have listened to my fear and statistics [ironically, Pootin made some people money].
[statistically, markets tend to drop ~10% correction in the middle of bull cycle (rough estimation)].

 

It will actually hit 50K, and beyond for that matter. Only a matter of time.