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

trading in this shit show of a market is tough. Tomorrow we could print 1 trillion or 10 trillion... does it even matter? All I believe is the more $ that is printed the more shit is gonna get expensive.

I am reluctant to go all in or short big. Until another unknown unknown appears I'm with Bone on the range defined by the Fed floor and the recession top. For me it is 2800-3300 but all I'm doing is selling premium, controlling delta and picking a few winners and losers.

Most importantly I am trying to understand this new normal we have. This era seems so much different than dot com or 2009.
 
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schizo said:
And I bet you consider this recovery as normal, just as when we were trading at the ATH you considered that as "business as usual". Yeah, whatever.

BTW we're about to get hit with another wave of Corona. Let's see if this market could recover so fast then.
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You keep saying bs that I supposedly think yet my understanding of the markets is far more grounded then you. For example, look what I posted March 21 shortly before the recovery started :

Nine_Ender said:
Or it's a short term black swan event that gets dealt with leading to a V shaped recovery that very few will see coming. Place your bets accordingly. I fail to see how this virus truly impacts the top Cdn banks for example; they will do even better on interest spreads. Yet you can buy them now at a 40% discount to normal valuations and collect a 6% yield whereas US banks are 4% or less. And that trade has never failed in 30 years. Oh I know, this time is supposedly different the mayhem that could occur ... ; heard that all in 2009.
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Now also that I had posted a long term bottom on two Canadian banks that essentially has held since. TD I called at $50 Cdn. and that pretty much was the bottom. BMO I called at $60 Cdn and it did drop to $56 Cdn for a day before rocketing up in short order.

What you aren't understanding at all is I have an extremely realistic take on markets up or down. The speed of a recovery matters very little in this picture. I'm a long term guy who looks for value and does the research.
 
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Nine_Ender said:
Now also that I had posted a long term bottom on two Canadian banks that essentially has held since. TD I called at $50 Cdn. and that pretty much was the bottom. BMO I called at $60 Cdn and it did drop to $56 Cdn for a day before rocketing up in short order.

What you aren't understanding at all is I have an extremely realistic take on markets up or down. The speed of a recovery matters very little in this picture. I'm a long term guy who looks for value and does the research.
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Think I've had enough with your hindsight drama for now because I literally want to throw up. :vomit:

Anyway, I'll be sure to quote you in 6 months from now. Let's see where we'll be trading then.
 
Yep straight to new highs!!!!!

Thank you powell and friends for the trillions

Charts suggest new highs ‘could be on the table’ for the S&P 500, Jim Cramer says
PUBLISHED THU, JUN 18 20207:47 PM EDT



The CNBC host on Thursday broke down chart analysis from Carley Garner, a market strategist and author of “Higher Probability Commodity Trading, who mapped out a case for the S&P 500 to break through its record high to 3,400 as the country recovers from the coronavirus downturn.

Charts suggest new highs ‘could be on the table’ for the S&P 500, Jim Cramer says
PUBLISHED THU, JUN 18 20207:47 PM EDT


https://www.cnbc.com/2020/06/18/jim-cramer-charts-suggest-new-highs-are-in-store-for-the-sp-50.html
 
S2007S said:
Yep straight to new highs!!!!!

Thank you powell and friends for the trillions

Charts suggest new highs ‘could be on the table’ for the S&P 500, Jim Cramer says
PUBLISHED THU, JUN 18 20207:47 PM EDT



The CNBC host on Thursday broke down chart analysis from Carley Garner, a market strategist and author of “Higher Probability Commodity Trading, who mapped out a case for the S&P 500 to break through its record high to 3,400 as the country recovers from the coronavirus downturn.

Charts suggest new highs ‘could be on the table’ for the S&P 500, Jim Cramer says
PUBLISHED THU, JUN 18 20207:47 PM EDT


https://www.cnbc.com/2020/06/18/jim-cramer-charts-suggest-new-highs-are-in-store-for-the-sp-50.html
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Just buy already
 
the title is wrong.


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

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Traders everywhere profited from market movement .
Fed speech helped move the market


 
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1. Major Stock Indices reflect the market capitalization of the Index Member Companies - and not necessarily the economic health of the Country per se. Those two historically inclusive factors are becoming a bit more exclusive as the World becomes more globalized. It’s been said many times and there is an element of truth to it.

2. It’s not just the Fed.

Look at the investments that Sovereign Wealth Funds have been making and continue to make in US Companies - especially US Tech. Norway in particular is ridiculously biased into US Tech. Monster bets.

UAE, Saudi Arabia are heavy into US equities. They see lows and retail panic selling as accumulation opportunities and they are playing the long game.

They look at history and they look at the alternatives.
 
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‘La la land?’ The stock market is ‘insanely disconnected’ and due for a ‘reckoning,’ Warren Buffett buff warns
Published: June 18, 2020 at 2:25 p.m. ET




MW-II854_June2_20200618120202_NS.png

Smith reiterated his “macro trade of the century” call that there’s never been a better set-up for rotating out of overvalued stocks and into undervalued precious metals.





https://www.marketwatch.com/story/t...-reckoning-for-oblivious-investors-2020-06-18
 
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