Not correct. If either Europe or the US came out with talk of stimulus, the market will hit new record highs in no time.
Gotta love ZERO RISK in the SP500 = $$$
- Thread starter makloda
- Start date
Not correct. If either Europe or the US came out with talk of stimulus, the market will hit new record highs in no time.
I remember seeing the surge last wednesday after the fed minutes, I was like this is happening again, unreal as I know the fed bows to wall street and gives wall street anything and everything they want. Aside from that I can tell you already there will be ZERO rate hikes come September....then the drop into the close on wednesday, it carried on, I really thought after the close on friday that Monday was going to be an incredible rally, thats why I took off 3 large short positions off Friday afternoon, I was wrong... anyway after missing out on about $3000+ worth of gains monday morning I realized this market is running into what looks like a 2008 scenario again, vix jumped to levels not seen in over 6 years, that right there put the thought into my head that this market was in trouble, vix has come down since and you are right about the vix sitting at 12, I just don't understand how investors as a whole could be that comfortable knowing the markets had run up over 225%, how much more do you want to squeeze out this market? I remember telling a few people to get out after the dow broke 17,000, I was wrong for a few months but now I feel glad I mentioned that to them. They still rode it up to 18,000+ but also rode it straight back down to new 2015 52 week lows under 15,500...I don't know where the markets head from here but many anticipate the same thing, another V shaped recovery and new highs.....I don't know if I buy this time around...as you know Im always bearish.
Agree 100%, in fact that's most likely reason why this year was flat, QE is a remedy for market stagnation and/or decline.
correction, thank you @S2007S !
Another thing which will send markets through their roofs is world wide ban on totalitarian regimes, that would unlock true worldwide capitalism (in a good way) where folks are rewarded for their talents and achievements and not for their links to the ones in power. Just imagine Russia, China, Mexico, most of Africa, North Korea, etc banning totalitarian regimes.
the EURO is reaching for a pivot
Nikkei futures above 19000
I went long average about 18000
Went long CHAU this week under $16, wish I had went long double or triple the amount of shares I bought, but I know playing CHAU is a bit risky so I went in with a small amount of shares....I guess I hold over night because if the s$p breaks 2000 you know china is headed for another 2-3% gain...