Why would you build an underground bunker on a private island? I guess having too much money can do funny things to your head.
I heard the same thing in 2002. I also heard the same thing in 2009. I heard it in 2012 as well. I heard it in 2019. 2020. 2021. 2022. 2023. The SPX is a tough benchmark to beat. That’s why people are proud of themselves when they do it. Think about that.
A Wall Street boss once told me that there are a lot of smart people on the Bowery. skill is for ego. We all try to prove our skill by beating the SPX. Think about that. Better to be dumb and rich than “smart” and poor.
%% WOW are you that bearish, start of a bear market?? No such thing as luck; but have gotten my truck stuck in muck, hunting bucks............................................................................ LOL could happen on a fed day =hay See how MAR closes.
Of course today is massively green and we are on our way to making yet another V. impossible to keep this market down. Strongest, most dominant, most unstoppable bull market ever and nothing can keep this thing down for more than a day or so.
I voted 'who cares', but for me honestly thats 'I don't know;' too soon to tell by my eye technically. My macro influencing factors are Nation Debt and cost of debt service Inflation is still way above target IMO - especially real inflation for the avg american Individual Debt as % of income for americans (logic is at some point less mony for consumers to spend > fewer profits for corporations in that space > decrease in EPS > overvalued > selling pressure) Powell hinting to rate cuts soon... typically ~ coincides with the lagging effect of restrictions in monetary policy I believe we're due for a correction and possible reversal, but I don't believe it'll be within 2 weeks. Trend seems too strong at the moment, lacking any major macro economic event.
As long as volatility is there I will make money. Actually, I kind of want a crash. Those FIRE people on reddit annoy me lol