Remember: According to the scalpers there is no such thing as a trend that can last for weeks or let alone months. They just think tick to tick... and miss out on the greatest money making machine on the planet: LONG OVERNIGHT INDEX FUTURES
The perma bears don't get it.
Strong job data = Strong economy = Companies make more cash = INDEXES 100% UP ROOM TO GO
Weak job data = Weakening economy = rate cuts = INDEXES 100% UP ROOM TO GO
GOD BLESS AMERICA! IT'S A GREAT COUNTRY!!! :D
Long overnight doesn't need much skill, in fact I am sorry to burst your bubble, but it DOES NOT TAKE ANY SKILL TO MAKE BIG $$$ IN THIS MARKET!!!!!!!!!!!
Why throw in the towel bro. Switch off your brain for a while and just join the dip buying freighttrain. It's been making everyone free cash. If you can't beat 'em, join 'em!!!
Forget about TA voodoo and black magic in this market. You won't need it. Just buy and switch off monitors and enjoy life. Check positions in the weekend and enjoy the free extra $$$
There's no way you can lose. Indexes basically mean ZERO RISK these days.
We'd have to get nuked before the Dow goes down and even then, by 3pm we'd be back up 50 pts in the green.