Tomorrow S&P takes out pre covid high?

Discussion in 'Trading' started by VEGASDESERT, Aug 10, 2020.

Tomorrow S&P takes out pre covid high?

  1. Yes

  2. No

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  1. VEGASDESERT

    VEGASDESERT

    How does this ES weekly chart look upside down? Hmmm interesting..


    upsidedown.JPG
     
    #51     Aug 23, 2020
  2. VEGASDESERT

    VEGASDESERT

    I would buy that (sell) and scale in lower (higher) all day long.

    Entering a trading range bottom (top)

    3328 is a virtual certainty.

    A huge breakout is highly unlikely.

    I could be wrong. 20%
     
    #52     Aug 23, 2020
  3. S2007S

    S2007S




    Futures just keep surging



    Free money every fu$$$$$$king day



    US 30
    28,037.0
    DERIVED
    03:07:27 | Futures
    +178.0 +0.64%

    US 500
    3,411.62
    DERIVED
    03:07:29 | Futures
    +19.12 +0.56%

    US Tech 100
    11,625.50
    DERIVED
    03:07:29 | Futures
    +63.50 +0.55%

    Small Cap 2000
    1,560.75
    DERIVED
     
    #53     Aug 24, 2020
    sttrader likes this.
  4. S2007S

    S2007S

    I bet apple opens up around $510 premarket and surges to 520+ tesla will be at 2100++
    Amazon will touch historical highs and ramp up to 3500+ by mid week. Free money just keeps coming and coming. A complete vertical free money straight up to the stratosphere!!!!!

    Zero risk all reward all the time.
     
    #54     Aug 24, 2020
    sttrader likes this.
  5. S2007S

    S2007S

    Futures surgng right into the open

    Told.you it was free money momday



    US 30
    28,097.5
    DERIVED
    05:46:30 | Futures
    +238.5 +0.86%

    US 500
    3,417.62
    DERIVED
    05:46:08 | Futures
    +25.12 +0.74%

    US Tech 100
    11,670.50
    DERIVED
    05:46:32 | Futures
    +108.50 +0.94%

    Small Cap 2000
    1,564.50
    DERIVED
    05:46:33 | Futures
    +15.90
     
    #55     Aug 24, 2020
  6. SunTrader

    SunTrader

    Meanwhile more than half of S&P still have not recovered from March drop.
     
    #56     Aug 24, 2020
    comagnum likes this.
  7. SammyJ

    SammyJ

    Historic bubble in 25-30 stocks . To me this puts 99 to shame as established CO’s with defined growth trading at 30-100 p/e’s. The excuse for this orgy is these CO’s are profitable .There’s always a reason (justification) till theres not .
     
    #57     Aug 24, 2020
    comagnum likes this.
  8. S2007S

    S2007S

    Not even the open yet and apple has already tacked on an entire market capitalization of

    Chipolte
    Xerox and
    Gap

    COMBINED
     
    #58     Aug 24, 2020
    comagnum likes this.
  9. S2007S

    S2007S


    We are seeing this even more now as the nasdaq and tech just continues to soar, its nothing but tech tech tech. Completely over crowded trade that I keep hearing the only reason why people are owning these stocks is because there is no where else to find a return on your money. The valuations of these companies have become so insane that earnings are literally a blip now meaning that earnings have to skyrocket to keep pace with ludacris valuations.

    Like I said the other day apple is 10% of our US gdp. And at the trajectory its moving at, it will be worth over 5 trillion by early 2021, so apple will be worth 25% of the US gdp??? Now how can anyone possibly think this can sustain itself. It can't. Law of large numbers will soon create the impossible.
     
    #59     Aug 24, 2020
  10. Nine_Ender

    Nine_Ender

    And S2007S is bleeding money on his short positions as he posts sarcastic posts about free money. Some things never change.
     
    #60     Aug 24, 2020
    nillionaire and noddyboy like this.