Forever Bull Market

It's largely based on the TLT action, I think. First day in a while TLT went up -- actually it started going up towards the end of Friday. 10 year rates at 4.66% & commodities rising means volatility will rise. I think it will just be an adjustment & the rally will continue.

If rates go towards 5+% there will a lot of volatility just like what happened up until the end of October 2023. Unless you see a better CPI/PCE print volatility will persist. Used car prices, insurance & housing (OER) are the real culprits in CPI, however I don't see OER getting any better unless cities can build more housing soon.
 
nitrene said:
It's largely based on the TLT action, I think. First day in a while TLT went up -- actually it started going up towards the end of Friday. 10 year rates at 4.66% & commodities rising means volatility will rise. I think it will just be an adjustment & the rally will continue.

If rates go towards 5+% there will a lot of volatility just like what happened up until the end of October 2023. Unless you see a better CPI/PCE print volatility will persist. Used car prices, insurance & housing (OER) are the real culprits in CPI, however I don't see OER getting any better unless cities can build more housing soon.
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I don’t agree. This rally was guaranteed after that drop. It always snaps back initially. People don’t understand that even if the market goes down it never goes Straight down. These down moves set up these big up moves too.
 
v-shape-0DTE said:
Beautiful pump today. Getting that retracement that it needs. Should top out around 426-427 for the week and then it goes down again. If this is going to sell, the real sell will be in May.
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Well, we only have 1 more week left in April so what are you saying, we sell off next week? Anyway, I'm pretty much in line with your analysis. I anticipate something like this to happen.

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schizo said:
Well, we only have 1 more week left in April so what are you saying, we sell off next week? Anyway, I'm pretty much in line with your analysis. I anticipate something like this to happen.

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Fed meeting next week and Wednesday begins May. So my prediction. Should close this week 417-418. Next Monday and Tuesday flat/pump and then drops on Wednesday through Friday. Monthly close about 422ish
 
S2007S said:
How's that facebook doing after hours.....
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Down $200B in marketcap. :D

BUT.... the reason they lowered their forecast was "increasing costs associated with AI"... so you know what that means... NVDA goes up $400B tomorrow.
$785... buy the dip :cool:
 
vanzandt said:
Down $200B in marketcap. :D

BUT.... the reason they lowered their forecast was "increasing costs associated with AI"... so you know what that means... NVDA goes up $400B tomorrow.
$785... buy the dip :cool:
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Of course facebook had to throw in more ai garbage talk ....as for nvda it better do all it can because this ai hype is getting very redundant .....
 
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