Gotta love ZERO RISK in the SP500 = $$$

18,000 this week....they will do anything possible to keep the momentum moving....the fed will bow to wallstreet again in December by not raising rates....wallstreet continues to get risk free money day in and day out.....
 
I wasn't trading the 2011 or 2014 fall melt-up's...So I was a bit of a skeptic that this would unfold in the same manner, but it is stunning to watch day after day after day of relentless buying...In recent weeks, it's a minor miracle if the S&P pulls back 20 pts...usually the sort of thing where it might happen from an extreme run higher into an overnight low...
 
I keep hearing no inflation...well girl scout cookies are going to skyrocket 25%%%%%%%%

From $4 a box to $5....

Yes yellen. Nope no inflation...just keep rates at 0%...

0% forever and ever and ever..keep feeding wallstreet and the big banks free money.....zero risk all reward all the time
 
der_kommissar said:
I wasn't trading the 2011 or 2014 fall melt-up's...So I was a bit of a skeptic that this would unfold in the same manner, but it is stunning to watch day after day after day of relentless buying...In recent weeks, it's a minor miracle if the S&P pulls back 20 pts...usually the sort of thing where it might happen from an extreme run higher into an overnight low...
More...


Remember no wanted stocks a month ago...now everyone is jumping in...talk about bipolar...

They will print new highs this week....
Like I said it's a magnet. It HAS to happen. They will not let it fail.
 
I actually thought today would be along the lines of many days in recent weeks where it chops sideways, tests yesterday's high early on then drifts down in the low 2090's...but the higher we go the more that parabolic momentum seems to be building...and the small caps finally jumped in over the past week.
 
S2007S said:
Remember no wanted stocks a month ago...now everyone is jumping in...talk about bipolar...

They will print new highs this week....
Like I said it's a magnet. It HAS to happen. They will not let it fail.
More...

I also remember several pension funds were reportedly getting out of equities back in September...No idea what they were moving into, so now they are probably chasing the market to get back in as well...

This market always "feels" like its ready to rollover (or not always, but alot of days), and it just churns higher...no real momentum, just long periods of rolling chop that always resolve upwards...different than markets back when you could feel the momentum behind it..
 
S2007S said:
Remember no wanted stocks a month ago...now everyone is jumping in...talk about bipolar...

They will print new highs this week....
Like I said it's a magnet. It HAS to happen. They will not let it fail.
More...

How are you positioned now? Took all the long 3x ETFs off yet?
 
Until i960 created that hilarious pic-chart a few weeks ago, I had forgotten about Icahn's remarkable "timing". Probably his attempt to influence the end of Q3 marks. Once Q4 began it's literally been a one way trade.
 
der_kommissar said:
I also remember several pension funds were reportedly getting out of equities back in September...No idea what they were moving into, so now they are probably chasing the market to get back in as well...

This market always "feels" like its ready to rollover (or not always, but alot of days), and it just churns higher...no real momentum, just long periods of rolling chop that always resolve upwards...different than markets back when you could feel the momentum behind it..
More...

They were moving into safe havens like treasuries and gold, and now unsurprisingly these things are getting dumped as they chase the SPX higher.

Yellen will be testifying tomorrow, but right now this market does not appear to care about it. I guess buying does beget more buying.
 
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