Gotta love ZERO RISK in the SP500 = $$$

[Rickshaw Man]

The center chart is a weekly, we are in a parabolic state. We have risen 8000 Dow points in 13 months.

 

[OTCkrak]

This rally is God's gift to mankind!

 

[Aj2014]

We could do another 8000 points. That's the best bit!!

 

[lawrence-lugar]

This rally is God's gift to mankind!

We could do another 8000 points. That's the best bit!!

You people are like Yahooligans watching a final championship soccer match, everyday.

Slow down,
Have a cup of tea...in England, everything stops for tea.

 

[Aj2014]

daytrade L 2818

target?

have put profit target at 2825 on the day trade.
Swingtrade target is now 2845

You just hit your target! (+7 points)
Enjoy spending the dosh!!​

 

[OTCkrak]

we've reached a new paradigm of global growth in a low interest rate and low volatility environment.. the future is now.. 20%+ sustained annual return in equity is the new normal

 

[pauk]

Phone alert that my Daytrade target was hit I see
All good!

Next target 2845-50

Today/tomorrow ideally

 

[candles]

L 2810
TGT 2838

Sure some raise their eyebrows at this trade a few hours ago, lol

 

[Rickshaw Man]

This is unbelievable, how this can continue is mind boggling. To think that fund managers are buying into this is pretty reckless.. Me I can turn on a dime, but not them.

 

[OTCkrak]

This is unbelievable, how this can continue is mind boggling. To think that fund managers are buying into this is pretty reckless.. Me I can turn on a dime, but not them.

RSI of +93 on DOW weekly is impressive.. but realistically.. the way it's calculated.. the index can just consolidate around a level for some time with no downside and RSI will "correct" towards 50.. AKA no such thing as overbought.. fundamental earnings growth is REAL.. forward P/E estimates are fine and EPS consensus keeps getting revised higher.. market has upside.

Beauty is that even if BA/CAT slide.. another sector can start outperforming.. large cap energy has missed out (XOM) is due for a breakout IMO