Forever Bull Market

There has been about 15% inflation since the last high so the Dow would have to go up another 5550 points to reach the inflation adjusted high.

The Magnificent 7 is not anything like the 2000 dot com collapse. Most of the 7 stocks are fairly priced minus Tesla which has a premium due to the cult of personalty known as Musk. The forward P/E of nVidia is below 30. Where else are you going to get 60% revenue growth?

It does seem like some of the semiconductor companies are overpriced. That 15% move by AVGO (aka Broadcom) in 2-3 days was amazing.
 
S2007S said:
You will be quite surprised when the bottom falls out and everyone is selling anything and everything. I have been here long enough to know this time isn't any different than the last, this is not a normal market by any means. Just 6 weeks ago the spy was trading near 4000 with predictions for the 10 yr to keep skyrocketing well beyond 5%, it didn't happened and like magic stocks rallied. Everyone is feeling euphoric and invincible because the last 6 weeks wallstreet has literally printed everyone free money...
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I've been in the Market since 2007. I've seen a lot, but this time is truly different. We've never had so many derivatives/ so much liquidity that all but guarantee that volatility is not a thing. There's so much printed money being thrown at this thing. There's this cheat code that just instantly destroys red candles with the V shape recovery. So the market can't be volatile since it's trapped and therefore down moves aren't a thing anymore. Sure you might get the 1 random red day, but it's unsustainable. I don't think they care if the market keeps going up. Everyone knows the fed is in control and they will do whatever to keep this market going so there will never be another recession and if something bad were to happen, they know the fed will continue to print. To see the market fall for me would be an out of body experience at this point. I just can't believe it can happen like it used to. .
 
nitrene said:
There has been about 15% inflation since the last high so the Dow would have to go up another 5550 points to reach the inflation adjusted high.

The Magnificent 7 is not anything like the 2000 dot com collapse. Most of the 7 stocks are fairly priced minus Tesla which has a premium due to the cult of personalty known as Musk. The forward P/E of nVidia is below 30. Where else are you going to get 60% revenue growth?

It does seem like some of the semiconductor companies are overpriced. That 15% move by AVGO (aka Broadcom) in 2-3 days was amazing.
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The dotcom era had volatility beyond what you could see today. It constantly had 3-5% and even 10% down moves even before it crashed. Today if it goes red it's instantly saved by the V.
 
ym is amazing to trade. Buy dips
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v-shape-0DTE said:
I've been in the Market since 2007. I've seen a lot, but this time is truly different. We've never had so many derivatives/ so much liquidity that all but guarantee that volatility is not a thing. There's so much printed money being thrown at this thing. There's this cheat code that just instantly destroys red candles with the V shape recovery. So the market can't be volatile since it's trapped and therefore down moves aren't a thing anymore. Sure you might get the 1 random red day, but it's unsustainable. I don't think they care if the market keeps going up. Everyone knows the fed is in control and they will do whatever to keep this market going so there will never be another recession and if something bad were to happen, they know the fed will continue to print. To see the market fall for me would be an out of body experience at this point. I just can't believe it can happen like it used to. .
More...


as long as they print and prope markets up the longer inflation stays. Simple as that. They think inflation is tame, they also thought it was transitory and totally fu*ked that one up as well...
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