Of course they are fully aware ... that they are borrowing. And that is why they worded it as such and not because they would be called liars nonsense. I'm not getting on this merry-go-round for another spin. Carry-on with this backwards train of thought without me.
The market is SO WRONG at this point -------) The market is SO FULL of opportunities at this point You must have lost tons of money. The market is always correct
Shiller PE ratio is 35, this is below the dotcom bubble peak (44) but higher than the 1929 peak (32) So yeah according to this metric we are in a stock market bubble, the second biggest of all time, but it can still go higher, maybe to be the biggest ever, but could also start to crash at anytime.
The market is never a irrrational. It's completely rational. This run that spy is on is simply completing the extension. Naturally it coincides with an election year which facilitates the extension further, as does the idea of interest rate cuts in coming. Once the election is over and the interest rates dropping honeymoon is over. Kaboom. It'll probably just be a correction, but eventually we'll get a capitulation which will be the extension cycle in the opposite direction which will lead to mayhem which will lead to interest rates being cut further which will lead to overspending which will lead to inflation leading to raising rates which would eventually be cut creating a rally which would put us right about the next election.
This rally is nothing compared to 2020 which price more than doubled from $220 to $480. It must go up before it can capitulate and continue in a long term bull bias trajectory as it has since the beginning of the stock market. It can still go another 50-100 points too lol...it's not even half the length of the rally in 2020 yet. Market confidence should be at ridiculous levels at that point and primed for a rug pull. Just look at the chart...we had a massive capitulation followed by a v recovery, followed by a long sweeping downtrend for an entire year, that was barely recovering before yet another a correction...this bull run has barely begun. Add to that this is an election cylcle lol. Sounds like some people keep bucking the trend hoping to get lucky with puts or shorting. What is the Target for Cup and Handle Pattern? The target with the cup and handle pattern is the height of the cup added to the breakout point of the handle. If the height of the cup is the previous rally, then this could put us at $640 or higher before a correction.
Definitely number 5 for sure. Civil unrest could spread out to civil war, which was unthinkable just 10 years ago. But now with these MAGA wingnuts, anything's possible. Another possibility in the not-too-distant horizon is Uncle Sam going belly up. You cannot print your way out of debt, period. Weimar republic tried it and paid a heavy price. So have Rome, and countless other dumbass nations/empires. As for that idiot Putin, he just dug up his own grave by staging a false terrorist plot. His days are numbered.
where you lose me is 2020 had violent pullbacks and actual directional down moves along the way. This market just isn't comparable. There's no downside ever more than a day that leads to an instant V. Back then technicals actually mattered and worked. Look at all those 50 day MA tests. None of that happens anymore. It's all guaranteed to go up.
Let's just be patient and enjoy our realized and paper an profits. The market is likely to experience a "correction" sometime after the Fall election if Biden wins, probably sometime in 2025. On the other hand, if shits-in-pants wins, then who knows.