Forever Bull Market
- Thread starter v-shape-0DTE
- Start date
Probably not on this leg - unless a full war breaks out. It could happen.
Let's see how it plays out.
One thing's for sure and that is that this market will 100 % go down like it always have throughout history. But on a long enough timeline I suppose I agree that it's a forever bull market.
In the long run we're all dead.
Also, in the long run the Japanese stock market just made new highs... after only 34 years (since December 1989)... without adjusting for inflation
That’s just not how this thing works lmao. In what world does it just work like that? Obviously you haven’t been paying attention the past year and a half. If there’s even. Shallow dip on Monday it will be fought off and green candle. You know the market doesn’t like leaving weekly gaps. By Tuesday or Wednesday you are atleast touching the weekly close from last week if not higher and then the week begins and it probably goes up because that’s what it does. Regardless of what you think, you can’t always rely on lower gaps to get your “fake” selloff done. It actually would have to sell off for real. In 2024 gapping lower just leads to an inevitable V.
Also volatility can’t be sustained in this market and no this week is no different.
No! The market already is open long enough with so much chop and dead time.
LMAO. So wrong. I mean we'll see how the market trades on it's own, but no the situation in the Middle east has zero impact on the markets as I told you. Futures actually opened green.
futures will open green...S&P will stay green. But this hugely hyped AI bubble that was so revered and all the related pumps...def wont continue. And even the S&P bull run will be very weak going forward. The interest rate cuts were a Key factor. And Inflation decreasing was also, and oil not cooperating at all. Gold giving market signals the way the bond market used to before it was gated in 2009. They will be very very busy shuffling new stocks in and out of the S&P 500 going forward. It all changed so quickly. Ukraine and Israel spitting in Joe's eye during his much vaunted re-election year...lol
No..I wont vote. I dont do Politics..I just trade.
OK. This is actually the first REAL selloff in 6 months? Feels like even a year an a half. The fact that it actually gapped up and faded with a real red candle. QQQ more than $10 from top to bottom. And it actually feels like a selloff. I'm not here to BS you, today was so different than even the fake selloffs we've seen the past 6 months like 2 weeks ago.
Still needs to prove itself. That 426 gap might actually get filled.
Still needs to prove itself. That 426 gap might actually get filled.
Yeah I was gonna mention that to you, this one may hang around for a bit.
I'm seeing heavy volume for July calls on several of the tech titans... bad sign. Things are setting up for those new positions to get wiped out too. Hope I'm wrong.
If we get a solid bounce however and get back above 5175, it truly is an indestructible market, but I'm thinking we're gonna drop some more and then hang out before we head back up.