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

Results are only viewable after voting.
  1. S2007S

    S2007S



    You can be, just look at the equity markets for reassurance!!!

    Green everyday so there are never worries. As long as markets are up the world is a happy happy happy place.
     
    #71     Aug 25, 2020
  2. S2007S

    S2007S

    17th historical high today on s$p

    And after the fed changes their wording on how they view inflation the s$p will be touching historical highs week after week after week with absolutely zero pullbacks. Could go into hyper mode and catapult to 4000+ by end of 2020 early 2021...
    Yes 4000. There is no stopping the biggest asset bubble the universe has ever witnessed.
    The fed is the reason. Fed will be keep the rally in full bull mode for the next 3 or 4 decades.

    This news alone could spike markets 3-4% within a week.


    Powell set to deliver ‘profoundly consequential’ speech, changing how the Fed views inflation


    Simply, it means that the Fed, which has pegged 2% as a healthy level, will let inflation run higher than that for a while if it has spent a considerable time beneath that level. The Fed’s preferred inflation gauge has stayed below that level for all but two years since the Great Recession ended in mid-2009.




    https://www.cnbc.com/2020/08/24/pow...ech-changing-how-the-fed-views-inflation.html
     
    #72     Aug 25, 2020
  3. noddyboy

    noddyboy

    I am just basically long TQQQ and i sold everything else. This thing went up 100x! Imagine if you did that in 2009 when you were bearish and said to sell! $100k would now be $10 million
     
    #73     Aug 25, 2020
  4. S2007S

    S2007S


    Indeed


    TQQQ toooooo infinity and beyond.

    Its free money forever and ever and ever.

    Nasdaq 15,000 by XMAS
     
    #74     Aug 25, 2020
  5. noddyboy

    noddyboy

    I am not sure if it is 15k or 16k or whatever. It doesn't matter to me the chart. Just know the pnl will be up and I take whatever up I get.
     
    #75     Aug 25, 2020
  6. VEGASDESERT

    VEGASDESERT


    I was right again.

    inverse.JPG
     
    #76     Sep 8, 2020
    Relentless likes this.
  7. VEGASDESERT

    VEGASDESERT

    if anybody is confused, its just an upside down weekly es chart.
     
    #77     Sep 8, 2020
  8. A big no! And unlike what some of you think that political decisions will have an impact, I again go with no.
     
    #78     Nov 24, 2020