Recent content by spectastic

people want to put money in the US market instead of china, even though China has much higher GDP growth and rapidly closing the technology gap, because of freedom and it has the best academic institutions?

China has mimicked the US model over the last couple of decades, and have been rapidly catching up in those areas you list, and yet the SSE and Hangseng pale in comparison. Why is that?

Same periods in US history, drastically different returns. the most obvious explanation for this is WWII, after which USD became the global reserve, and US has since become the global super power. But how does that translate to greater returns in the equity market? And how can this change if US...

the stock market is not the economy. Macro only matters in the short term to the extent of how the market reacts to it. If all the fundamental shorts are pounding the table and large participants are shorting the market, while the market continues to grind up, with improved market breadth...

so basically, close any non cash settled options before they expire if they're anywhere near the money?

that's pretty cool that his wife doesn't care about the money. to me it shows that beyond the bling, he appreciates human values more. good for him.

100% agree that knowing some fundamentals can't hurt, strong opinions weakly held is part of survival, and overconfidence is a mass murderer. as far as rationality, what does that even mean anyway when the markets are made by humans and humans are irrational? if anything it just means that...

If markets always acted rationally, there'd be a lot more rich people in trading.

doesn't get any more textbook if prophesy comes true.

I think you're supposed to project the first run up onto the 2nd, which imo would be the rally starting at 3/28. That puts us at 4300 spx by next week.

Fk it why not just do it today?

can we get to 420 tom?

as a swing trader, these are the kind of days that show why intraday price action is just as crucial. breakouts are not easy to trade. some speculate the modern day institutional algos are manipulating price to shake people out before the real run is made. daily candles alone doesn't show nearly...

major pivot break on the hourly today after market has been coiling for nearly 6 weeks, shorts getting caught off sides amidst record short interest since 2007, MOPEX this friday. The stars have aligned. Where are the excited bulls? I mean I guess we're still in range, and it's possible this...