The S&P 500 topped at 3017.8

Discussion in 'Trading' started by volente_00, Jul 24, 2019.

Did the S&P 500 top at 3017.8 ?

Poll closed Jul 31, 2019.
  1. Yes I think you are correct

    4 vote(s)
    18.2%
  2. Hell no you are wrong

    9 vote(s)
    40.9%
  3. Who cares Desterio is good people

    3 vote(s)
    13.6%
  4. Who cares Barron is still ripped and shooting for 10% body fat now

    2 vote(s)
    9.1%
  5. Who cares Volente sucks at calling short term SPX tops

    4 vote(s)
    18.2%
  1. noddyboy

    noddyboy

    Not sure why my view matters but I think eventually this will roll over. But no, I am not 3x short.
     
    #231     Oct 11, 2019
  2. TommyR

    TommyR

    i am the same but consider myself wrong not before 3088 (same downside)
     
    #232     Oct 12, 2019
  3. S2007S

    S2007S

    If trump loses in 2020 the stock market is going to fall fall fall and continue to fall.....better hope for a trump win to keep these markets juiced up.

    This is what Bernie Sanders is imposing

    Bernie Sanders unveils plan to raise corporate tax rate to 35% and ban stock buybacks

    If this ever came and passed you would easily see a 25% collapse or more off the markets!!


    https://www.cnbc.com/2019/10/14/ber...tax-rate-to-35percent-ban-stock-buybacks.html
     
    #233     Oct 14, 2019
  4. Nine_Ender

    Nine_Ender

    SOXS down to $35 leads to more S2007S posts in big colorful fonts about upcoming collapses in US stock markets. You are so predictable.
     
    #234     Oct 14, 2019
  5. Overnight

    Overnight

    If Trump wins in 2020 the markets will continue to fall. Trust me on this. He won't have any reason to juice the markets then, because all he cares about right now is his re-election. Once he is re-elected, watch out below. He will sabotage the world economy just because he can.

    And we all know the markets will tank if one of the Dem front-runners gets the vote.

    Either way, Nov 2020 is going to start a very bad time for market bulls.
     
    #235     Oct 14, 2019
  6. Nine_Ender

    Nine_Ender

    Since March 2009, how well have you timed market corrections with your trading ? I'm going to go out on a limb ( lol ) and guess it's very badly. But don't feel slighted by that, my thesis is that 90% of the time it is extremely difficult to time corrections and capture most of the move, and far easier to wait them out and buy at what looks like a good entry point after/during the move. My own experiences support my thesis. I do wonder how many short side traders make their decisions and forecasts not on what the current situation tells them, but more on a need to make up for lost money or lost opportunities if they had gone long at some point or points the last 11 years.
     
    #236     Oct 14, 2019
  7. S2007S

    S2007S


    Still holding...no worries.
     
    #237     Oct 14, 2019
  8. S2007S

    S2007S



    You could be right on that. Strong possibility...plus there are millions of people that dont want him reelected which would cause more controversy for another 4 years. But I just dont see him taking another 4 years knowing that tens of millions of people are anti trump...but we shall see. The excitement awaits
     
    #238     Oct 14, 2019
  9. S2007S

    S2007S

    #239     Oct 14, 2019
  10. Overnight

    Overnight

    Well, badly, yeah. I started trading in 2015, in August. Long. China Yuan deval. Boom!

    Started live again in 2017. Ahh, the salad days.

    Then I've gone through four 10% minimum corrections in the NQ in less than 2 years, starting in Feb 2018.

    Feb 2018, Oct 2018, May 2019, Aug 2019.

    Yes, there have been 10% corrections during those dates in the NQ. Most resolving in a month maxim, with one taking a lot longer.

    Not exactly sure what you point is there?
     
    #240     Oct 14, 2019