Forever Bull Market

nitrene said:
I think the reasoning for adding SMCI to the S&P 500 was that it's market cap was too large for the S&P 400 Midcap. The amazing thing is that it is still part of the Russel 2000 small cap (IWM) with a market cap of $50+ billion.

Even the SPY is just another momentum fund. Deckers is up like 90% since the end of last October. Whirlpool has been dropping for a while pretty much since the beginning of the pandemic. Zions is caught in the regional bank death spiral of never ending HTM losses.
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They need smci in the s&p to jolt the index higher based on ai hype...
 
S2007S said:
They are saying not a "forever bull market"

Oh no....

Stocks could see dismal returns for the next 12 years as the FOMO-fueled rally looks like it's nearing a peak, Wall Street legend says



https://markets.businessinsider.com...rvalued-recession-fed-rate-cuts-bubble-2024-2
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Every one of these analyst, doomsday people have been proven wrong over and over again. People have been calling for a peak for months. Thing is, this market just doesn't care and it can't be stopped.

I read some theory about how when the SPY hit 5K it would top? WRONG
There was an article over the weekend on Barrons that said that AAPL dropping could be a threat to the bull market. They were right about AAPL, but they didn't realize that NVDA would offset it.

Business Insider has been calling for a crash every single day this entire time LMAO.

I don't care what any of these people say. The single thing that would need to change is for any dip to hold and not get bought instantly. That is the key to this pump. Even if QQQ dropped $10 tomorrow (which it won't). The dip buying would be epic. Every red is just eaten.

This market actually can't be stopped. Doesn't matter if the fed never cuts interest rates, doesn't matter if inflation returns. NOTHING can stop this force.
 
v-shape-0DTE said:
Every one of these analyst, doomsday people have been proven wrong over and over again. People have been calling for a peak for months. Thing is, this market just doesn't care and it can't be stopped.

I read some theory about how when the SPY hit 5K it would top? WRONG
There was an article over the weekend on Barrons that said that AAPL dropping could be a threat to the bull market. They were right about AAPL, but they didn't realize that NVDA would offset it.

Business Insider has been calling for a crash every single day this entire time LMAO.

I don't care what any of these people say. The single thing that would need to change is for any dip to hold and not get bought instantly. That is the key to this pump. Even if QQQ dropped $10 tomorrow (which it won't). The dip buying would be epic. Every red is just eaten.

This market actually can't be stopped. Doesn't matter if the fed never cuts interest rates, doesn't matter if inflation returns. NOTHING can stop this force.
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Just take a mental image of what you are seeing. And eventually when the markets do top and start to descend you can remember the great days of when everything and anything went up. Please do not be surprised to see a 3 or 4% 1 or 2 day sell off on the nasdaq. The trajectory of what we are seeing can only last so long.

Wouldn't you want a nice fresh 33% nasdaq collapse to pick up big bargains.......especially some big tech stocks you don't already own. Putting fresh cash to work in some big top strong company names after a really big sell off can really create greater wealth in the long term, but many fight off that fact.
 
nitrene said:
Deckers Outdoor[/URL] will join the S&P 500 index, according to S&P Dow Jones Indices, which announced the changes after the market close on Friday.

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God only knows how much money I lost in 2007 shorting that stupid effing stock.
What did they make? "Uggs".... the ugliest boot of all time based on some Aussie "outback" bs boot.
 
vanzandt said:
God only knows how much money I lost in 2007 shorting that stupid effing stock.
What did they make? "Uggs".... the ugliest boot of all time based on some Aussie "outback" bs boot.
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I have said this for the last 2 decades yet people still buy that ugly looking thing. Now all I see are Hokas Hokas Hokas....another ugly sneaker everyone thinks is stylish. Anyway I couldn't believe where deck was trading when I looked up the stock ...nearly 1000??
Sometimes I'll go yrs without checking a stock I used to trade or follow and most times shocked to see what it's gone afterwards....
 
Another epic 3:30 pump. I give this drop 2 days and by Friday when we get the NFP, the magical V takes it right back to the top.

All that happened was the algos went wild at 3:30 like we normally see on rare down days.
 
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