Gotta love ZERO RISK in the SP500 = $$$

TA doesn't work when price is this far into a breakout.. nothing in the chart is going to tell you when this stops... however DOW futures up 1% premarket looks like the long version of panic capitulation.
 
I might update my Dow predictions today....looks like the Dow will be averaging 200-300 up days now, risk free so a thousand points a week and we could get Dow 75,000 by December....this is the most risk free bull market in the world....no such thing as down only up....26,000 at open, 27000 next week!!! By Valentine's you will get all the love when the Dow closes in on 30,000......take cash advances out on credit cards, remortgage your house and keep buying....
 
By the way cryptocurrency market is plunging!!! But no worries since everyone who has cryptocurrency is investing in stocks they won't even feel the cryptocurrency dip!!!!!!

:D:D:D:D:D:D
 
Oh look the stock index futures are up overnight....SHOCKER!


Snap2.jpg
 
Yeah, US sessions are always boring.
It either drifts up all session in a boring, controlled way, or it has a fall at the open and then wipes out them losses with interest with a sharp rally.

Personally looking for 2850-2870 area over the next few days, but as always not sure whether to just get in here, or whether to with for a drop and get a better price

Need the apprentice to start posting so that I can piggyback him!
 
S2007S said:
So Amazon added $25,000,000,000+ in market cap in only a week!!!!

Now sit back and let that sink in.....think about it....$25 billion+ in market capitalization added in 5 trading days.......do earnings or future growth warrant such an increase in market cap???

The law of large numbers eventually catches up with companies....think about it....for the markets to maintain such upside and with Amazon one of the leading stocks in the Nasdaq 100 if it added just $20 to it's stock price per week, that would be approximately $9 billion in market cap a week or $500 billion in market cap in a single year... earnings would have to be absolutely perfect to maintain such an advance in it's market capitalization....case and point law of large numbers....the possibility that the markets end up imploding in on themselves due to the fact that growth can only be sustainable to a certain degree......

Which brings me to the definition of "law of large numbers"

law of large numbers indicates that a large entity that is growing rapidly cannot maintain that growth pace forever.
More...



What's this..
Another Amazon prediction, to surge 23%!!!!

My question is when do people realize a company is fully valued????? Is there such thing now that irrational exuberance has completely over taken the markets???


Amazon to pop 23% this year to near $800 billion value, says Wall Street's new biggest bull on stock
  • Amazon stock rose more than 1 percent in premarket trading Tuesday after one Wall Street firm issued a top bullish call.
  • BMO Capital Markets raised its price target to $1,600 from $1,200, the highest 12-month forecast on the e-commerce company of any brokerage on Wall Street.
Thomas Franck | @tomwfranck
Published 44 Mins Ago


https://www.cnbc.com/2018/01/16/bmo...cent-this-year-to-near-800-billion-value.html
 
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