Forever Bull Market

nitrene said:
I noticed ES/SPY recovered from its selloff but the VIX is still elevated...
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huh???
! VIX huh elevated.png
 
v-shape-0DTE said:
Yeah, I mean it can't have the most basic pullback, so I don't think earnings matter (even though it will be spun as positive no matter what).

It will never selloff.
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So earnings don't matter???

I remember this same type of thinking last time markets were at new highs.....we all know what happened next.
 
I checked my retirement account tonight.....once again it's printing free money, literally week after week just printing money.....imagine how much networth individuals have combined since the market has gone parabolic.

What I'm saying is that there is just no way my retirement account can continue printing me free money...day after day after day just green green green.....

Or can it ....hmmmm
 
S2007S said:
I checked my retirement account tonight.....once again it's printing free money, literally week after week just printing money.....imagine how much networth individuals have combined since the market has gone parabolic.

What I'm saying is that there is just no way my retirement account can continue printing me free money...day after day after day just green green green.....

Or can it ....hmmmm
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Your retirement account, minus dividends, is probably at the same level it was 2 years ago. So in essence you "paid a price" when it was showing negative growth last year. So it wasn't free money?
 
I tuned into cnbc. Wow. I cant believe the bullishness in every angle of every minute on there. There is nothing but hype and a market that can literally do no wrong what so ever. The pumping is absolutely mind blowing.
 
S2007S said:
I tuned into cnbc. Wow. I cant believe the bullishness in every angle of every minute on there. There is nothing but hype and a market that can literally do no wrong what so ever. The pumping is absolutely mind blowing.
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They do the same for bear markets. Nothing to see there.

Pure entertainment for the gullible masses. See Foxie for political version.
 
Happy 2024. So we ended up making a doji on the weekly chart (actually similar to 2021-2022) so not surprised it pulled back a little today. Finally might see a dip this week, but you know the deal. Will be filled with all those V shape recoveries.
 
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