Gotta love ZERO RISK in the SP500 = $$$

S2007S said:
I'm really pondering how long this trade in FAANG can continue, most of the gains in the Nasdaq over the last years are just these handful of stocks....without FAANG the Nasdaq would probably be still sitting under 5000!!!!

Once these trades are finished the Nasdaq will have no where left to go but down....



What correction? Popular 'FAANG' stock portfolio is already back to new high
  • The "FAANG" stocks — Facebook, Apple, Amazon.com, Netflix and Google parent Alphabet — hit a new high for the year on Friday, Bespoke Investment Group pointed out.
  • An equal-weighted portfolio of the stocks is up 18.4 percent this year, versus the S&P 500's 2.8 percent gain, Bespoke said in a Friday report.
  • Month-to-date, Facebook and Alphabet are down single digits, while Netflix is the best performer with a gain of nearly 5.8 percent.
More...

If u do some research, this is typical. You have a group of stocks which are the leaders in a bull market with the rest following. You buy the leaders and hang on and wait and see if they are replaced by new leaders.

This had been happening for 100 years!

Nothing new under the sun...
 
For those of you who can't be bothered to do any work (yeah, I'm lazy too sometimes), just buy the YM here at 520, put a stop limit at 420 and a limit order at 620. Then go do something more productive.
 
No one wants to sell. All major corporations are in the hands of people in a silent collusion to never sell.

GE 'restated earnings' for 2016-7 and put a FASB CEO on its board. Someone is going to call it fraud eventually. Then charges will be filed and bears will take over.

Until then, bull market!
 
Visaria said:
For those of you who can't be bothered to do any work (yeah, I'm lazy too sometimes), just buy the YM here at 520, put a stop limit at 420 and a limit order at 620. Then go do something more productive.
More...
What, no one did this?

:D
 
Brianharvey said:
-2.5

Long again here at 2757.5
stop at 52.5
More...

You can't trade this market with a 3 point stop and VIX at 16. Had you simply doubled the breathing room for your stop you wouldn't have even got stopped out the first time. It's cool that you got back in but you need to worry less about losing money and give it more room.
 
At the rate the Dow is moving again expect it to be at 60000+ end of the year!!!

Amazon has added, get this $122 billion in market capitalization in the last two weeks alone.....at the rate it's moving it could be worth 3 trillion by 2019!!!

But we all know these are completely ludacris evaluations .....
 
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