Bears throwing in the towel everywere . Fighting the Fed did them in

I heard yesterday that China had to close schools due to another virus outbreak and then I heard someone turn on the printing presses and I was at peace again.
 
Hafez thanks, you saved me a lot re not overtrading inverses the last few weeks.

It's odd the massive disconnect between earnings & stock prices due to fed intervention ....I still wonder when reality will set in for a selloff, once s&p stays under 3k.
 
Hey the trend I have been seeing is upgrading continuously of the big heavy weighted stocks. This week its Apple and amazon. They upgraded it again today. They keep raising the price target. When does one realize a stock is fully valued.

Amazon price target to 5000 today... 90% buy rating on this stock. Talk about a very crowded trade thats completely 1 sided.
 
  • Needham initiated Amazon as buy.
  • RBC raised its price target on Apple to $390 from $345.

buy
Needham initiated the e-commerce giant and said shares may be worth $4,500 to $5,000 over the long term.

“We initiate coverage of AMZN with a BUY rating and $3,200 12-month Price Target. We calculate several forms of valuation that conclude that AMZN is worth $4,500 to $5,000/share longer term



https://www.cnbc.com/2020/06/17/wednesdays-biggest-analyst-calls-amazon-apple-ups-more.html
 
Everything I hear is that fundamentals have been completely thrown away. Fundamentals are useless is excuses they continue to use.

Its only one word that is making this market move up up up up up up


LIQUIDITY


That's it. Its not a free market.....
 
Here it is more powell questioning. This such a waste of fucking time. Completely worthless nonsense that will not change one single thing.
 
KCalhoun said:
Hafez thanks, you saved me a lot re not overtrading inverses the last few weeks.

It's odd the massive disconnect between earnings & stock prices due to fed intervention ....I still wonder when reality will set in for a selloff, once s&p stays under 3k.
More...
Study the Japanese stock market peak when it looked like Japan was going to take over the world circa 1989.
 
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