Last bull market lasted 18 years, 1982-2000, if this one is only 6 years old then it has got another 12 years to go.
We may get a 20% correction one day, but it will be from higher up.
Say dow 25,000 drops to 20,000 or something like that.
Gotta love ZERO RISK in the SP500 = $$$
- Thread starter makloda
- Start date
Last bull market lasted 18 years, 1982-2000, if this one is only 6 years old then it has got another 12 years to go.
We may get a 20% correction one day, but it will be from higher up.
Say dow 25,000 drops to 20,000 or something like that.
already up AH, everyone is getting ready for nasdaq 5000 tomorrow morning, what am I talking about, nasdaq 5000 is going to be here before the markets even open, so in the wee hours of the morning when everyone is sleeping soundly with dollar signs in their dreams the nasdaq futures are going to be juiced to the extreme, Im talking at least 1%+ upside tomorrow at the open, forget about the GDP numbers, those are just a waste of time, the real deal is nasdaq 5000, this will be the headline all weekend long! and FRESH historical highs on the NASDAQ ALL NEXT WEEK, buy anything and everything, next week the NASDAQ will surge again and TQQQ will be trading near $120 a share! Again, its all the FREE money you can get your hands on!!
ZERO RISK ALL REWARD!!!!!
ProShares UltraPro QQQ (TQQQ :NASDAQ)
Real Time Stock Quote | Source: NASDAQ Real-Time Last Sale
Extended Hours112.90 USDLast Trade
0.11 (+0.1%)
After Hours Change10,070Volume4:43:07 PM ESTAfter Hours
112.79 USDClose Price
1.69 (+1.52%)
Change2,400,148Volume4:00:00 PMEST
ZERO RISK ALL REWARD!!!!!
ProShares UltraPro QQQ (TQQQ :NASDAQ)
Real Time Stock Quote | Source: NASDAQ Real-Time Last Sale
Extended Hours112.90 USDLast Trade
0.11 (+0.1%)
After Hours Change10,070Volume4:43:07 PM ESTAfter Hours
1.69 (+1.52%)
Change2,400,148Volume4:00:00 PMEST
yes as long as the fed bows to wall street and keeps pumping it with free trillions and zero interest rates this markets is good for another decade or 2, hell just make it 3 decades and by then will see DOW 100,000! I mean we already went over 1200 days without a correction so whats another 1500 or 1800 days on top of the already 1200 days without a meaningful correction, by then it will be about 3000 days, and I believe those are trading days so we have a long long long long long long long long time before the markets take another minor dip at best!
I don't know, Carter Worth made a very very very bold call this week! Interesting where he says this used to happen all the time in "NORMAL" markets. I guess he has a point, these aren't normal markets, guess will soon find out how his call goes....markets fall a lot quicker than they rise, you can erase 6 months to a year worth of gains in weeks time!
I mean if this holds true I don't know what to say about risk free markets anymore....
http://video.cnbc.com/gallery/?video=3000356694
<iframe src="http://player.theplatform.com/p/gZWlPC/cnbc_global?playertype=synd&byGuid=3000356694&size=530_298" width="530" height="298" type="application/x-shockwave-flash" allowFullScreen="true" bgcolor="#131313"></iframe>
Prepare for a massive S&P drop: Technician Carter Worth
Alex Rosenberg | @CNBCAlex
Monday, 23 Feb 2015 | 11:20 AM ETCNBC.com
395
SHARES
Carter Worth is sticking to his guns.
The chief market technician at Sterne Agee, Worth has long maintained a bearish perspective on the market, even as stocks have soared. And as shares bounced back from their sudden lows in mid-October, Worth repeatedly called for the downdraft to worsen—a prediction that did not pan out.
Friday on CNBC's "Options Action,"
"Worth responded to a Twitter user who insisted that the technician be questioned about his "numerous calls of a retest of 1,820" for the S&P 500.
Worth now says that the September-to-October slide should serve as "a foreshadowing of what the next one's going to look like—which is worse, by all accounts."
"The further this goes without that kind of drawdown, the worse the inevitable drawdown will be," he said. "So we think we're not only going to visit 1,820, we're going to go below that."
With the S&P around 2,110, a fall below 1,820 would represent a 14 percent drop. But Worth maintains that his call should not shock.
"That used to happen all the time in normal markets," Worth said.
A Federal Reserve rate hike could be the impetus for this move, he went on to say. The central bank has kept its target on the key federal funds rate ultralow since December 2008, but could now look to raise rates as soon as June of this year, according to many observers.
"Once the Fed is done, this thing will not be able to stay," Worth predicted. "Once the student can't go to 'extra help' anymore, we're going to see how bad a student he really is."
I mean if this holds true I don't know what to say about risk free markets anymore....
http://video.cnbc.com/gallery/?video=3000356694
<iframe src="http://player.theplatform.com/p/gZWlPC/cnbc_global?playertype=synd&byGuid=3000356694&size=530_298" width="530" height="298" type="application/x-shockwave-flash" allowFullScreen="true" bgcolor="#131313"></iframe>
Prepare for a massive S&P drop: Technician Carter Worth
Alex Rosenberg | @CNBCAlex
Monday, 23 Feb 2015 | 11:20 AM ETCNBC.com
395
SHARES
Carter Worth is sticking to his guns.
The chief market technician at Sterne Agee, Worth has long maintained a bearish perspective on the market, even as stocks have soared. And as shares bounced back from their sudden lows in mid-October, Worth repeatedly called for the downdraft to worsen—a prediction that did not pan out.
Friday on CNBC's "Options Action,"
"Worth responded to a Twitter user who insisted that the technician be questioned about his "numerous calls of a retest of 1,820" for the S&P 500.
Worth now says that the September-to-October slide should serve as "a foreshadowing of what the next one's going to look like—which is worse, by all accounts."
"The further this goes without that kind of drawdown, the worse the inevitable drawdown will be," he said. "So we think we're not only going to visit 1,820, we're going to go below that."
With the S&P around 2,110, a fall below 1,820 would represent a 14 percent drop. But Worth maintains that his call should not shock.
"That used to happen all the time in normal markets," Worth said.
A Federal Reserve rate hike could be the impetus for this move, he went on to say. The central bank has kept its target on the key federal funds rate ultralow since December 2008, but could now look to raise rates as soon as June of this year, according to many observers.
"Once the Fed is done, this thing will not be able to stay," Worth predicted. "Once the student can't go to 'extra help' anymore, we're going to see how bad a student he really is."
Chris Hyzy says markets are going to have a MELT UP!!!!!!!! A fucking melt up!!!!
Whewwwwww, and I thought the last 200% gain was the melt up!
All said right here in this video!!!!
<iframe src="http://player.theplatform.com/p/gZWlPC/cnbc_global?playertype=synd&byGuid=3000357675&size=530_298" width="530" height="298" type="application/x-shockwave-flash" allowFullScreen="true" bgcolor="#131313"></iframe>
Oh and I forgot to add, the nasdaq is now up 11 out of 12 days, the only down day was yesterday when it fell a gigantic 1 point!!!!!!!!!!
Whewwwwww, and I thought the last 200% gain was the melt up!
All said right here in this video!!!!
<iframe src="http://player.theplatform.com/p/gZWlPC/cnbc_global?playertype=synd&byGuid=3000357675&size=530_298" width="530" height="298" type="application/x-shockwave-flash" allowFullScreen="true" bgcolor="#131313"></iframe>
Oh and I forgot to add, the nasdaq is now up 11 out of 12 days, the only down day was yesterday when it fell a gigantic 1 point!!!!!!!!!!
WTF
Is he serious, because BUBBLE ben bernanke and yellen have never mentioned this at all! Something is very strange here! I keep hearing how great the economy is and how corporate earnings are driving this market higher each and every day, I don't know what to believe any more, if this guy is for real then how the heck is the market at historical highs? Do you think the fed is propping up the market to make it look like everything is rainbows and butterflies? These are questions we need to ask yellen on capitol hill next time she's there.
Greenspan: Effective demand as weak as during Depression
Michelle Fox | @MFoxCNBC
17 Mins AgoCNBC.com
3
SHARES
The fact that the market is anticipating that the Federal Reserve will raise interest rates, yet the yields on the 10- and 30-year Treasurys are falling is an indication of how weak the overall global economy is, former Fed Chairman Alan Greenspan told CNBC on Thursday.
In fact, effective demand is extraordinarily weak, he said.
"The way I measure it, it's probably tantamount to what we saw in the later stages of the Great Depression," Greenspan said in an interview with "Closing Bell."
That said, he acknowledged "it's not anywhere near what the problems were back then but we haven't seen anything like that since then."
Greenspan's comments came on the heels of Fed Chair Janet Yellen's semiannual testimony to Congress, where she said there would be no interest rate hike for at least the next couple of Federal Open Market Committee meetings.
She also reiterated the central bank would not raise rates before it found confidence in the economic recovery.
http://www.cnbc.com/id/102460898
Is he serious, because BUBBLE ben bernanke and yellen have never mentioned this at all! Something is very strange here! I keep hearing how great the economy is and how corporate earnings are driving this market higher each and every day, I don't know what to believe any more, if this guy is for real then how the heck is the market at historical highs? Do you think the fed is propping up the market to make it look like everything is rainbows and butterflies? These are questions we need to ask yellen on capitol hill next time she's there.
Greenspan: Effective demand as weak as during Depression
Michelle Fox | @MFoxCNBC
17 Mins AgoCNBC.com
3
SHARES
The fact that the market is anticipating that the Federal Reserve will raise interest rates, yet the yields on the 10- and 30-year Treasurys are falling is an indication of how weak the overall global economy is, former Fed Chairman Alan Greenspan told CNBC on Thursday.
In fact, effective demand is extraordinarily weak, he said.
"The way I measure it, it's probably tantamount to what we saw in the later stages of the Great Depression," Greenspan said in an interview with "Closing Bell."
That said, he acknowledged "it's not anywhere near what the problems were back then but we haven't seen anything like that since then."
Greenspan's comments came on the heels of Fed Chair Janet Yellen's semiannual testimony to Congress, where she said there would be no interest rate hike for at least the next couple of Federal Open Market Committee meetings.
She also reiterated the central bank would not raise rates before it found confidence in the economic recovery.
http://www.cnbc.com/id/102460898
I keep hearing that this time is different in nearly every article I read, they are comparing nasdaq 5000 today versus nasdaq 5000 15 years ago, what I fail to understand is why now are they able to clearly point out the reasoning why the nasdaq collapsed 15 years ago but if you go back just before the drop no one could figure it out, even the last financial crisis back in 2007, 2008, 2009 no one had a clue what was coming but today they can clearly write you a book on it.....what I'm saying is right this second there is something building and no one has a damn clue what it is, maybe a few people do but the masses do not...they will only acknowledge well after the fact why the collapse happened after the actual collapse happens other than that the are oblivious to the here and now...
- Bet against the Nasdaq—it will soon ‘get tired’: Trader
Alex Rosenberg | @CNBCAlex
3 Hours AgoCNBC.com
19
SHARES
Nasdaq composite is ticking ever closer to 5,000, a level it has not breached since the heady days of March 2000. But it may have to take a breather before it gets there, according to Chicago-based trader Jim Iuorio of TJM Institutional Services.
"Many times we make a run for these big, huge goal posts in the distance, and the market gets tired at or around these levels—and I think that's what's going to happen now," Iuorio said Thursday on CNBC's "Futures Now."
Still, Iuorio discounts the argument that flashbacks of the dot-com bubble are making traders reticent.
After all, it's taken an awfully long time for the Nasdaq to get back to those levels—a very different pace than was seen at the end of the 20th century. And today's rally is being led not by speculative names, but by stocks with grounded valuations like Apple.
Compared to back then, "everything is different," not least the value of the dollar (in which the Nasdaq value is given).
But that's not to say that markets don't tend to wobble a bit at the sight of psychologically important, widely watched levels like Nasdaq 5,000.
"Whenever you are looking at those all-time highs, it becomes a big deal, and markets can get tired when they go after that."
For active traders, then, Iuorio recommends going short the Nasdaq and playing for a quick dip (though he remains long-term bullish).
Needless to say, not everyone agrees with his trading thesis.
"Some aggressive traders might use 5,000 like a magnet to sell against, but it doesn't have much significance outside of just being a nice round number," said Mark Newton, chief technical analyst with Greywolf Execution Partners.
However, Newton is on board with Iuorio's short-term bearish take.
"The Nasdaq composite has risen the last 16 of 18 days, momentum is overbought, and we're within three to four days of triggering signs of exhaustion," he told CNBC. "That means this move will likely need to be consolidated at some point before it can move higher."
Here comes the GDP pop....guaranteed