Gotta love ZERO RISK in the SP500 = $$$

[Overnight]

I thought we’d sell off a bit this week in order to make room for a Ripper June jobs report. Nope.

Indeed, wtf is with the buying spree on tech? I thought Monday and Tuesday were the recovery from last Wed-Fri, and today would have been a breather drop. NOPE!

Instead it is the DOW that is the sucker long play this week from then. I hope the Boeing MAX recerts go well, that would help bring the DOW back in sync with the other two majors.

 

[noddyboy]

Tomorrow's jobs numbers will probably boost equities 1%++

Negative or positive markets don't care, as long as fed is printing money maekets will only keep gaining and gaining.


https://www.cnbc.com/2020/07/01/job...-rehiring-ahead-of-the-latest-virus-wave.html

I thought you said Monday we were surely going down -1.5%?

 

[S2007S]

Markets already up premarket ahead of job numbers. Going to surge after announcement.
Probably a 2%+ gain. More free money.

 

[S2007S]

Free money



Dow Jones 30
25,800.0
DERIVED
05:13:25 | Futures
+225.0 +0.88%

S&P 500
3,122.88
DERIVED
05:13:24 | Futures
+19.78 +0.64%

Nasdaq
10,317.50
DERIVED
05:13:25 | Futures
+48.75 +0.47%

SmallCap 2000
1,437.90
DERIVED
05:13:29 | Futures
+13.60

 

[S2007S]

Amazon to 3000 today if markets surge.

 

[S2007S]

Heard the job numbers are so hard to predict that the job gain range is from a gain of 2 million to a gain of over 7 million jobs!!
It doesn't matter because markets will surge 1-2% even if job numbers show a loss of 1.78 million jobs.

 

[S2007S]

Crazy statistic

Netflix
Google
Amazon
Facebook
Apple
Microsoft

They now make up
24% of s$p....6 stocks 24%%%%%

And these 6 stocks are bigger than 3 entire sectors

Industrial
Retail
Energy


YEP market is literally moving on a handful of stocks.

 

[bone]

I thought we’d sell off a bit this week in order to make room for a Ripper June jobs report. Nope.

Boom. A RIPPER

 

[S2007S]

Unlimited gains. No such thing as down in a fed fueled stock market. And the funny thing is even when unemployment does drop below 6,5,4% the fed will still be back stopping the market....non stop fed action no matter how strong the economy becomes

 

[bone]

I’m afraid the strong, unprecedented Fed intervention in 2008 and the subsequent QE interventions has only emboldened Washington. The stock market went on a historic bull run - and many economists believe that the Fed actually MADE money for the Treasury through it all.

Unlimited gains. No such thing as down in a fed fueled stock market. And the funny thing is even when unemployment does drop below 6,5,4% the fed will still be back stopping the market....non stop fed action no matter how strong the economy becomes