Gotta love ZERO RISK in the SP500 = $$$

Almost everyone pays attention to BRN's. I do but only because of their self-fulfilling nature.

Meanwhile mostly ignored are other significant numbers such as multiples of prior highs/lows, for instance March 9th, '09 low of 666.79 times 5 = 3333.95 and today's high is (so far) 3332.91

Sometimes there is a swift reaction, sometimes muted, sometimes delayed but almost never completely ignored.
 
Howard Marks: After shitting the bed by selling the bottom, I bought a new bed and now we're going to the moon


Page 8: .........(words, words, numbers, blah blah)..........
......................................................................................

(Get to the good part):

If the earnings on the S&P 500 will grow to eternity at 2% per year, for example, the right earnings yield isn’t 4%, but 2% (for a p/e ratio of 50). And, mathematically, for a company whose growth rate exceeds the sum of the bond yield and the equity premium, the right p/e ratio is infinity. On that basis, stocks may have a long way to go.

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He used the bold print.


Grandma made some vague noise yesterday regarding the Fed.


https://twitter.com/x/status/1291128310429360132


Thoughts and prayers.
 
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Free money Thursday on hopes of more free stimulus money....

Tomorrow markets should rocket even higher. Probably 1-2% on the best ever jobs report. Remember it doesnt matter what the report is markets will rally hard.

Bad numbers fed prints money good numbers fed still prints money.

Fed prints money no matter what. Stocks to zoom every day all day. Zero risk all.reward all the time..


https://www.cnbc.com/2020/08/06/cor...cconnell-thinks-dems-gop-will-reach-deal.html
 
S2007S said:
Free money Thursday on hopes of more free stimulus money....

Tomorrow markets should rocket even higher. Probably 1-2% on the best ever jobs report. Remember it doesnt matter what the report is markets will rally hard.

Bad numbers fed prints money good numbers fed still prints money.

Fed prints money no matter what. Stocks to zoom every day all day. Zero risk all.reward all the time..


https://www.cnbc.com/2020/08/06/cor...cconnell-thinks-dems-gop-will-reach-deal.html
More...

I am going to buy a few shares but it is not as easy as you make it sound.
 
noddyboy said:
I am going to buy a few shares but it is not as easy as you make it sound.
More...

He's into his sarcastic routine he pulls out when he's trading very badly. A few months ago, poster Schizo insisted the SPX wouldn't take out the ath again in our lifetime. Probably the worst forecast this site has ever seen.
 
Nine_Ender said:
He's into his sarcastic routine he pulls out when he's trading very badly. A few months ago, poster Schizo insisted the SPX wouldn't take out the ath again in our lifetime. Probably the worst forecast this site has ever seen.
More...

I know that but ignore his sarcasm and just do it and you will make a lot of money...
 
S2007S said:
Free money Thursday on hopes of more free stimulus money....

Tomorrow markets should rocket even higher. Probably 1-2% on the best ever jobs report. Remember it doesnt matter what the report is markets will rally hard.

Bad numbers fed prints money good numbers fed still prints money.

Fed prints money no matter what. Stocks to zoom every day all day. Zero risk all.reward all the time..


https://www.cnbc.com/2020/08/06/cor...cconnell-thinks-dems-gop-will-reach-deal.html
More...

Admit it. You are in love with Jerome Powell. Out of that Fed closet!
 
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