The MAIN PROBLEM with this website are these guys who tell your call is junk because there was another high. Let me ask. What if the call is correct but it takes just a few days to come through? US stock markets are trading at dangerous topping valuations!!! Despite incredible buybacks fueled by record-low rates courtesy of the Fed, corporate profits are still so weak relative to Fed-inflated stock prices that stocks still neared bubble valuations following third-quarter earnings. This is a huge problem so late in a secular bear, when valuations should be far closer to 10x earnings than 26x. This has to end badly. The gross Fed distortions of recent years artificially extended a mature cyclical bull and delayed a cyclical bear, but central banks can’t eliminate market cycles driven by valuations. The overdue bear market is still coming, and will be far worse starting from such lofty and overvalued conditions. Stock topping valuations at these extremes this late in a secular bear are exceedingly dangerous. Its time to see REALITY! Instead of eating wings in a janitors closet with your $300 laptop and cell phone pretending you are at a real hedge fund why not just listen for once? The market has topped!!!
Tophat.... Let Trump appoint his Secretary of State, Commerce, EPA, and Treasury. We'll go from there bro bro. As TEB says... patience is key. The old bull and the young bull..."lets walk down the hill and F em all". Too much uncertainty right now to make any calls.
Funny how CNBC was posting article after article after article for months and months that Trump was going to lose the elecetion and that all his ideas were worthless and here we are post election and every article CNBC now has is more bullish and positive than the next....Fu$king media is a joke.... So I guess the market is going to surge another 1000 points to 20000+ if mitt is chosen by trump to join his cabinet.....this is just unbelievable the amount of risk free gains that are ahead....if Romney is chosen another 1000 points easy on the Dow!!!! Even Cramer said so last week....said stocks would jump if Trump chose Romney....just keep buying and buying and buying.... Market will pop if Trump appoints Romney to his cabinet Bart Chilton | @CNBCopinion http://www.cnbc.com/2016/11/22/mark...ppoints-romney-to-his-cabinet-commentary.html
You baitin' Zndy? hahahah I said it way before Cramer. I hope he does nominate Mittball.... We'll go from there.
Sorry I can't help myself,...The problem is not in that what you say makes no sense because it DOES make sense. In fact I agree with you on many levels that the market EVENTUALLY SHOULD tank for the reasons you stated about debt and hyperinflation taking effect. The problem is that YOU fail to trade what is right before your eyes (if you even trade at all...). The market is telling you YOU are wrong and you fail to comprehend that. Lets try this out,...what if YOU are wrong and the market never tanks for another 3, 5, or 10 years? Again, my charts which you seem to ridicule have put me on the right side of the market >95% of the time. The first hurdle in trading is figuring market direction then you have to find the right timing and trade to make money. Of course risk management plays a large part too. But you seem to fail to comprehend any of that and want to trade the market YOU WANT and EXPECT and NOT the one RIGHT BEFORE YOUR EYES. I can also give you several reasons why this market will go higher that would makes sense but again what difference does it make WHY. Just understand WHAT direction and HOW to make money. My bet still stands ($1/point on S&P) with you if you think I am a no nothing, janitor closet sitting, pizza eating, pasty white skinned, delusional hedge fund trader. In fact we can up the ante to $10/point if you are so sure of yourself. But again I doubt you even trade real money. You seem to want to "enlighten" everyone here when it seems you are the one that need to be enlightened and are doing so in an arrogant and antagonistic way. Good luck
Sorry if you already covered this, but what is the best way to play this top call? Because it is useless unless there is a trade that makes money...it could top and be flattish like it has been from 2014.