Gotta love ZERO RISK in the SP500 = $$$

[recession2016]

bad data = fed doesn't raise
low earnings expectations = companies can beat estimates easier

not much of a bear case here if S&P 2020/2040 breaks

china gdp is this sunday, that's the most important piece of data this month

 

[S2007S]

bad data = fed doesn't raise
low earnings expectations = companies can beat estimates easier

not much of a bear case here if S&P 2020/2040 breaks

china gdp is this sunday, that's the most important piece of data this month

If 2040-2060 breaks then you can expect a break to new highs....I said earlier that once the markets break out of 2060 its a given that the s$p historical high will become a magnet where it will just keep going and going until its reached!


As long as lowered earnings are met everything is fine fine fine.....they low ball the earnings so that at least 70% of the time every earnings season they are met.....as for the the fed and rates, enough is enough of that talk, Im tired of hearing it all over the news, cnbc talks about it constantly, its all worthless wasted talk, the fed is lying and will keep rates as low as they can for as long as they can......


But also think that everyone worried about that black swan, so does it come or is all just again hearsay!!!

Im going with just hearsay....

 

[noddyboy]

If 2040-2060 breaks then you can expect a break to new highs....I said earlier that once the markets break out of 2060 its a given that the s$p historical high will become a magnet where it will just keep going and going until its reached!

No, i think this is as high as it gets...

 

[kashirin]

bad data = fed doesn't raise
low earnings expectations = companies can beat estimates easier

not much of a bear case here if S&P 2020/2040 breaks

china gdp is this sunday, that's the most important piece of data this month

fundamentally there is no bull case in stocks anymore
Fed lost any credibilty this is why gold surging

probably much safer than stocks now

 

[S2007S]

No, i think this is as high as it gets...

Im bearish and I think it goes higher....how much higher? probably break highs on the s$p by November, however where it goes from there I have no clue, there is a lack of leadership in this market, the energy sector really put the dow back above 17,000 recently....can that continue, I don't know but right now this market is sort of confusing....the strong 1000 point rally in only 5 days right after that complete miss of a jobs report... whew...no one saw that coming...hey maybe the dow drops a 1000 points in the next 2 weeks, no one will see that coming either...

 

[S2007S]

fundamentally there is no bull case in stocks anymore
Fed lost any credibilty this is why gold surging

probably much safer than stocks now

seeing gold take off was very unexpected but I know some gold bugs prediction a move thousands of dollars higher for gold, who knows when that will come....
the fed is done, they lost any and all credibility they once had, if they don't know that by now then they better just quit while they are ahead....

 

[S2007S]

by the way amazon looks like its going to get back to its $580 a share price not seen since the night they reported earnings....there earnings report is going to be one to look at....Im thinking an easy $75-$100 point swing in that stock when they announce soon.

 

[S2007S]

Biotech is out of control, constant intraday highs since this morning....glad I held on to my UBIO which I bought at $8.75 and still have LABU which Im probably going to sell tomorrow if it jumps another $2-$3...I know I said my price target was $23-$25 but I think Im going to step out of the trade and wait it out....today I did also add in a tiny amount back into LABD at $49.50...oh well, Ill be adding more shares in the low 30s if it gets there...

 

[S2007S]

So this is why the market rallied....so all we need is no rate hikes for the remaining of 2015 and the dow should close near 20,000....they keep saying the market is now anticipating a rate hike in 2016....so when 2016 comes will we hear that 2017 is the new year that the fed hikes rates after a decade long drop of interest rates.....yep I love the excuse for todays rally....tomorrow if the markets drop triple digits, (which isnt happening, will probably get another triple digit gain) they will use that the fed may raise rates in 2015....



Dow closes up triple digits as rate hike expectations fade
Evelyn Cheng | @chengevelyn
39 Mins Ago

 

[Visaria]

added more to my crude position at 4640 and 4696, stops raised to 4580