Gotta love ZERO RISK in the SP500 = $$$

Every single week at least 3 or 4 days a week there is another price target raised on the big heavy weighted stocks. Its been going for weeks and weeks and weeks. Its been propping up markets consistently

Today's call

Amazon.

Amazon Stock Surges as Goldman Sets New Street High Price Target
By


Eric J. Savitz

July 20, 2020 11:09 am ET
 
New historical nasdaq highs tomorrow

According to Jim cramer tonight he said that he has never seen this type of market behavior, with amazon, msft and apple adding gains like they have.

Not a Normal market by any means



Big Tech stocks add $291 billion in market value in one day
PUBLISHED MON, JUL 20 20204:46 PM EDT



  • Big Tech companies added $291.66 billion in combined market valuation Monday.
  • Amazon led the rally, adding $116.92 billion in market cap.
  • Tesla stock also popped,adding $26.36 billion to its market cap.






https://www.cnbc.com/2020/07/20/big-tech-stocks-add-291-billion-in-market-value-in-one-day.html
 
Nasdaq free money train continues

New historical highs tomorrow as it outpaces every single market.

Keep that bubble inflating........wheeeeeeeeeeee




Dow Jones 30
26,640.0
DERIVED
00:14:35 | Futures
+7.0 +0.03%

S&P 500
3,250.88
DERIVED
00:14:35 | Futures
+5.63 +0.17%

Nasdaq
11,018.00
DERIVED
00:14:35 | Futures
+67.00 +0.61%

SmallCap 2000
1,467.35
DERIVED
00:14:37 | Futures
+3.65
 
S2007S said:
Nasdaq free money train continues

New historical highs tomorrow as it outpaces every single market.

Keep that bubble inflating........wheeeeeeeeeeee




Dow Jones 30
26,640.0
DERIVED
00:14:35 | Futures
+7.0 +0.03%

S&P 500
3,250.88
DERIVED
00:14:35 | Futures
+5.63 +0.17%

Nasdaq
11,018.00
DERIVED
00:14:35 | Futures
+67.00 +0.61%

SmallCap 2000
1,467.35
DERIVED
00:14:37 | Futures
+3.65
More...


rpO0wU3.gif
 
noddyboy said:
Finally long?
More...

He's still holding the triple shorts, and the fonts aren't getting any smaller. Notice how he gets attracted to any headline he can find to support his bias. So what if Nasdaq is too high, I'm making a ton of money last few days on miners that were severely undervalued last 4 months, and some of my remaining energy plays are doing well today. As I said last year, and in March, it is not hard to find value out there if you look.
 
Nine_Ender said:
He's still holding the triple shorts, and the fonts aren't getting any smaller. Notice how he gets attracted to any headline he can find to support his bias. So what if Nasdaq is too high, I'm making a ton of money last few days on miners that were severely undervalued last 4 months, and some of my remaining energy plays are doing well today. As I said last year, and in March, it is not hard to find value out there if you look.
More...



I'll be trading DRIP under $4.00 very soon

And yes still hold triple etfs....like I said i have my retirement longs that literally are printing me money every week, so I play the opposite with my trading portfolios


Getting very close to adding on UVXY VXX and other inverses vix plays. Complacency is getting a bit crazy
 
S2007S said:
I'll be trading DRIP under $4.00 very soon

And yes still hold triple etfs....like I said i have my retirement longs that literally are printing me money every week, so I play the opposite with my trading portfolios
More...

You are watering down your gains with some lousy trades though, and I bet you can't exit your "retirement longs" in a timely fashion. Holding triple short etfs against this kind of trend is financial suicide. Might just be some of your money you are killing, but it's money you destroyed just about as fast as one can do so.
 
Last edited:
Nine_Ender said:
You are watering down your gains with lousy trading though, and I bet you can't exit your "retirement longs" in a timely fashion. Holding triple short etfs against this kind of trend is financial suicide. Might just be some of your money you are killing, but it's money you destroyed just about as fast as one can do so.
More...


Retirement longs? I'm holding 3 mutual funds and 1 bond fund. To close out the fund or move it to bonds or money market is either done on the app or a call. If i do it before the close of trading day I get that closing price. Simple as that. This market rally is out of touch with reality and I will keep saying that. I just added more short etfs today. This time in s$p.
I'm still trading, I have funds ready to be deployed if need be. Aside from that I don't risk like some traders do by trading a third of their portfolio in options where some lose it all in weeks. I never put risk on like that.
 
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