Very interesting... should be interesting to see how this Elliott wave theory holds up
https://www.marketwatch.com/story/a-drop-in-us-stocks-may-be-fast-and-furious-according-to-elliott-wave-theory-2019-02-19
This is quite amusing...will never know if this would have held true ...
Trump says ‘stock market would be down 10,000 points by now’ had ‘the opposition’ done this
By Mark DeCambre
Published: Feb 20, 2019 8:07 a.m. ET
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A 10,000-point drop in the Dow would equate to a 55% drop...
Remember yesterday I mentioned 45,000-50,000 Dow by Xmas well this guy is saying 30,000 in April.....
This is extremely exciting!!!!
Opinion: The Dow Jones Industrial Average, at the current pace, is on track to hit 30,000 in April...
I will guarantee trump completely backs out of this tariff talk or pretty much lightens up on all that rough tariff talk he's been talking about for months!!
China will win once again....if trump was going to implement these strong tariffs he would have done so by now..
New US tariffs on...
Hey I made some good money on that last collapse, still buying short ETFs on every few hundred point rally in the Dow, about to add more SOXS under $7.00....im going to keep on buying short ETFs,...this market has nothing but air underneath it. Recession is coming do!!!
My last position was TECS...
Today's fed minutes will catapult the markets straight into the close...an easy 1-2% rally after fed minutes are released....the fed has bowed to wallstreet like they always do. They are extremely dovish and as I said for quite sometime they will halt raising rates and give wallstreet what it...
Oh and once the china deal is done it should push the markets up 6-7%% for the week!!!
You'll see the Dow up thousands and thousands of points on the week ...s&p will break 3000 on the news...Nasdaq will take out 8000 and will probably catapult to 10000 by Easter!!!
At the rate the Dow is moving, by Christmas it Should be trading at 45,000-50,000!!!!!!!
No more dips, straight up for another decade long bull market rally, keep buying as there is absolutely no risk and only huge gains coming
Zero risk all reward all the time!!!
And that will never ever change....with all those self help books written about how to take control of your money and retire early...forget those...consumers consume...we are taught to consume... the US gdp is over 2/3 of consumer spending. Without the consumer going over and beyond tbeir...
Debt is still debt no matter which way you look at it.....debt debt debt.....all I'm looking at it the word debt....the US is $22 trillion in debt.. Which means debt to gdp right now is over 100%!!!!
Nothing to see here... Move along...
I was reading that yesterday and thought how could that possibly be. This entire nation is just full of debt debt debt debt and everyone is playing it off as if there are no worries...that's a ton of people behind on car payments. I can just imagine how far they must be behind in other monthly...
Yep cleared that hurdle....all funny talk about these technical levels being broken to the upside....don't buy into it...remember 3000 calls on s$p by end of 2018, never happened. Now they think all is clear... Take it with a feagrain salt!
The stock market just cleared a key hurdle: 'It...
Stock buybacks have been propping up this market for years.....without stock buybacks the markets would be alot lower, but of course no one would believe that one...all these high earnings year over year are in part of stock buybacks. Most compnies would have stagnant earnings year over year...
Yep some positive headlines today after 2 days of selling!!!
NEED TO KNOW
The stock market dip? Keep buying, says Bank of America Merrill Lynch
By Barbara Kollmeyer
Published: Feb 8, 2019 9:32 am ET...
Got my laugh for today.....
This is the same guy who said keep buying and buying before the 20% market meltdown and who is also extremely bullish on bitcoin....
"10 more years before we have another really big scare"
That's where I really laughed out loud. Complete joke for anyone believing...
Once again the fed bows to wallstreet.....
Nothing new...just the same old fed making sure they give the bitches on wallstreet what they want
And of course the fed changed course after Trump kept talking about how the fed had to stop raising rates.....they should have raised rates today...
Talk talk talk talk talk talk talk talk.
This is just more talk talk talk ...all politics, thats all it is......it will never ever happen....anyone believing this nonsense is a fu$king idiot.