Gotta love ZERO RISK in the SP500 = $$$

Position for the overnight ramp up. Folks this volume is pathetic.
 

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For the Ivy Portfolio followers, VGK (Europe) and VWO (Emerging markets) will trigger buy signals on Friday. The last time I looked at CAPE outside the US, Europe was dirt cheap. Given the QE they're running and the saving of Greece, is there any reason not to own Europe? As for EEM, this area looks similar to 2003 before its run.
 
Someone needs to post some pictures of traders covering their eyes and holding their heads with a huge headline about how the S+P closed down 1.7 points.
 
And the Dow grabs yet another record high...I knew it wouldn't be a wash out today. Hey I even consider a 1 point drop on the NASDAQ as being completely positive ...couldn't even close at the lows of the day....
Tomorrow another up day...NASDAQ 5000 and don't worry about gdp numbers Friday no matter what the headline number is the futures will be jammed up...huge surge in the next 2 days. Today was a great buying opportunity ...if you didn't buy the 0.08% dip you lost out....you might get a chance tomorrow but with the futures being juiced over night that chance is very unlikely ...
 
Covertibility said:
For the Ivy Portfolio followers, VGK (Europe) and VWO (Emerging markets) will trigger buy signals on Friday. The last time I looked at CAPE outside the US, Europe was dirt cheap. Given the QE they're running and the saving of Greece, is there any reason not to own Europe? As for EEM, this area looks similar to 2003 before its run.
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I love how everyone is buying up Europe all of the sudden....QE just does wonders for stocks and asset classes ....I can't wait for QE to fail...everyone believes it worked here but little do they know its a complete failure ...
 
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