Gotta love ZERO RISK in the SP500 = $$$

So.im upping my forecast....a week ago I predicted Dow 50,000 but that was based on a measly 100 point gain on average...I'm upping it from 50,000 to about 58,000-62000

Yea you read that right.....Dow 58,000 to 62,000 give or take....as the Dow advances will start seeing 400-500-800 point gap ups ...200 point gap ups is peanuts, soon will be adding 2-3% a day in gains... so get ready for the meltup no one has ever witnessed in their lifetimes.....the market is literally going to be printing FREE FU©KING money!!!
 
theapprentice said:
2850 could be as soon as next week
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You are low balling every number...stop with the low predictions on the s&p....2850 hahah....it's going to 2925 next week.....3000 by Jan 31st......by the end of the year the s$p will be above 6000+ Nasdaq above 14,000 and Dow above 60,000.... Meltup will be an easy 100% gain for all indexes in 2018!!!!
 
Rickshaw Man said:
Boy they are really juicing this up after the cash close....
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I'm telling you easy 100% upside on all indexes..... individual stocks will be up hundreds and even thousands of percent this year....they will juice it up every single day...get ready for another 250+ point day tomorrow!!!
 
Funny how the fed intervenes when markets are falling, but when they are rising they sit back and watch the bubble grow grow and grow...just as they have the last million times......rates should be double what they are now, but they are too frightened at this point to make any sudden moves and derail the biggest bull market in history!!!!! The fed created this bubble,..the fed created the next crisis, no one sees it yet, but it's there ...everyone is oblivious to it because of the euphoria....the fed needs to do something now, but they won't, it's too late to turn back...I could just imagine what is being spoken about behind closed doors, .they know it's too late and when all this euphoria comes collapsing down history will be written....thank the fed for creating the next crisis!!!

David Rosenberg: Fed taking on role of 'serial bubble blower'
  • David Rosenberg, chief economist and strategist at Gluskin Sheff, warns that the Fed may be continuing to inflate a bubble in stocks.
  • The observation came the same day as stocks set still new records as the ninth anniversary of the bull market approaches in March.

In his note, Rosenberg wondered whether the Fed will "remain a serial bubble blower."

The criticism is familiar: Through low interest rates and trillions of dollars in bond buying, the Fed has created a credit bubble of low-cost cash coursing through the economy and, more particularly, risk assets like stocks and corporate bonds.


https://www.cnbc.com/2018/01/11/david-rosenberg-fed-taking-on-role-of-serial-bubble-blower.html
 
Never seen this before. Weekly 14 day RSI 90.52


Snap7.jpg
 
When this thing comes down it is going to be a sight to behold. When that happens I have no idea. This rise is making every other rise look like child's play. Whats disturbing is no reset or retrace reaction what ever you want to call it.

For the Central Bank to sit on its hands is irresponsible to the extreme.So many innocent people are going to get smashed.
 
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