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

    I think the market is over priced. I am just calling it honestly as I see it. There is no point of a stop if it is not honored. But that is just me and pretty much every trading book published.
     
    #311     Oct 25, 2019
  2. S2007S

    S2007S


    Ah ha. An additional 150,000 dow points. And just to think what possible dow components will help with that 623,000 points because I highly doubt it's going to be the dow components that are there today.
     
    #312     Oct 26, 2019
  3. bone

    bone

    78% of the 206 Companies in the S&P 500 that have reported to date have exceeded analyst expectations, Strong Q3 earnings are a surprise.

    The Chinese state-run news agency Xinhua pointed to progress being made on trade.

    If we can manage a close above 3026 it might attract fresh longs into the market.

     
    #313     Oct 28, 2019
    jl1575 and noddyboy like this.
  4. ironchef

    ironchef

    May I ask how you arrive at 3026 as the tipping point? Thanks.
     
    #314     Oct 28, 2019
  5. bone

    bone

    High set on July 26th.
     
    #315     Oct 28, 2019
  6. S2007S

    S2007S

    Fresh highs. Booming economy. Historical low unemployment And the fed is going to cut rates this week after historical highs in the s$p, a trade war that seems non existent today and a Brexit vote soon.

    Absolutely zero reason to be have even cut the rate 50 basis points these last few months ....
     
    #316     Oct 28, 2019
  7. bone

    bone

    Four Fed rate hikes in 2018 whilst the EU was aggressively cutting rates was asinine. Draghi has been using rate cuts as a means to devalue the Euro vs the Dollar. Call it recompense.
     
    #317     Oct 28, 2019
  8. Big AAPL

    Big AAPL


    I think you get it. There is a reason...to manipulate and float this market on hopes and dreams. Thank god I am closed out EOD.
     
    #318     Oct 28, 2019
  9. tiddlywinks

    tiddlywinks

    Other than to stem the USD rise, which gives breathing room to the EU which is nearing economic/banking collapse mode, and several other unlucky countries with pegs or direct debt ties to USD.
     
    #319     Oct 28, 2019
  10. themickey

    themickey

    Only thing you are saving yourself from is additional money in the bank.
    Need to learn to be a bit more relaxed, the world is not going to end before you wake up in the morning.
     
    #320     Oct 28, 2019
    Overnight, bone and Big AAPL like this.