Gotta love ZERO RISK in the SP500 = $$$

Thor said:
The Dow high of the day should be in by about 11:30 to 12 :p
then the downtrend resumes.
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The Dow made its high of the day at about 11:50 :cool:
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Any moment now Rick is going to turn up and open a ri$$k free trade so stay tuned.
 
Santa Claus rally is the last five trading session of the year right?

So the rally already started on Friday and continuing now: SIFs up overnight.

BUY BUY BUY !!!!!

Why argue against facts and statistics!!!!! Dipsters know: THERE IS NO RISK!!!!!!!!!
 
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Covertibility said:
https://twitter.com/x/status/1611385694496358406


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I posted this on August 10th, 5 months ago, with emphasis on what I underlined :

Nine_Ender said:
Tide started turning a month ago now the data is starting to improve as the rate hikes have some impact. Fundamentally both corporate earnings and the economy are doing better then expected suggesting a soft landing is quite likely. More importantly, many stocks priced in far worse and were great buys in recent weeks. I'm not sure what you mean by '"don't think this changes much". Where markets went to last month was pricing in a deep recession that likely isn't going to occur. At a minimum, the cresting of inflation beginning already is making a much deeper sell off in broader markets very unlikely. Which frees some of us to buy cheap stocks in sectors like energy that are posting incredible earnings at discounted stock prices. You can't go too far wrong buying stocks with single digit P/Es some less then 5.
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Since then the usual crew on here has been saying Inflation isn't really dropping and markets are going to crash very soon. The SPX is actually up a touch since June. The media is no longer unanimous some of the analysts are breaking from the pack and joining my outlook on 2023, that the negative narrative is way overdone. Economic numbers continue to easily outpace what many people were expecting. Granted, we may chop around a lot first half of 2023 but once the market figures out the dismal forecasts aren't going to happen it isn't going to warn traders to get on board.

And yet we still have clowns like Calhoun talking about breaching Covid lows based on some wacky gut feeling he has.
 
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