Gotta love ZERO RISK in the SP500 = $$$

[Covertibility]

https://twitter.com/x/status/1797690721744379980

Will there be a Biden version of the Nancy Pelosi Trading Derangement Syndrome ?

 

[v-shape-0DTE]

IMO, the weekly high of the S&P is done.

I'm waiting for a safe short entry, most prolly near Tuesday noon or by Wednesday latest.

Anyone who is buying now, good luck.
Yer gotta have balls of steel

This might be my last post here for some time, but there is simply ZERO risk in this market. I'm glad you all are seeing how every red is met with an instant V. That is never going away. It can't be more clear that this market is never going down again. There is no safe short entry. You have a very brief window, literally hours before you get your balls cut off by aggressive green. candles.

There is never any risk of being long. It will always explode higher really fast. That's all I got. Enjoy this market hitting new ATH over and over and over again. And one last time remember, there is not a thing on this planet that can actually keep this market down. Just not possible.

 

[Thor]

Cool. Let's see how it plays out.

The weekly pattern I'm anticipating is dip today and possibly tomorrow before an end of week rally into NFP. That's purely based on general statistics, so I'm not uber-confident on that basis alone. But that's the general roadmap for now.

A short term trade is setting up on the Dow with a triple bottom

I'm looking for a S&P high after/at about 11 AM today, after that the entry will be based on technicals.

 

[Overnight]

A short term trade is setting up on the Dow with a triple bottom ...

Too late, stout yeoman. The shorter-term gains have been had on this cycle. If you want to swing much longer?

Examine the chart...

Nice cycle in the Dow happening over that 6-month view.

 

[Thor]

Too late, stout yeoman. The shorter-term gains have been had on this cycle. If you want to swing much longer?

Examine the chart...



View attachment 341554

Nice cycle in the Dow happening over that 6-month view.

That timeframe is very long. The triple bottom on the Dow is on the 4 hr timeframe.

The Dow is much weaker compared to the S&P, the breakdown could turn out to be a more profitable trade.

Waiting for confirmation, likely to see it after lunch

Edit: the trendline happens to coincide with the H4 200ma

 

[S2007S]

Keep propping it up....

I have seen this before in the past. They have done it with Apple. Tesla. Google.and other high flyers. They take the heavy weighted stocks and push out the same headlines over and over to keep the prop job going. This isn't new news but they keep pushing it to keep the markets running....with nvda the spy would be trading under 3500.


Nvidia can rally another 30% because of its ‘multi-year lead’ in AI chips, Bank of America says
PUBLISHED WED, JUN 5 20249:25 AM EDTUPDATED 37 MIN AGO

Samantha Subin
@SAMANTHA_SUBIN
WATCH LIVE

 

[Pricechange]

https://twitter.com/x/status/1797690721744379980

Will there be a Biden version of the Nancy Pelosi Trading Derangement Syndrome ?

He broke USA big oil. USA big oil has the Highest barrel production cost in the world. $3.50 per gallon retail is break even. Anything lower than $3.50 per gallon unleaded and we have to start importing oil again

Saudi production costs are $39 per barrel. Saudi don't sweat over $70 per barrel oil...lol

 

[Rickshaw Man]

Is this your own personal forum? Who the F do you think you are? You are a bitter old man, yelling at everyone. Sorry your life is so miserable.

Overnight is the biggest loser on this forum. Your right he she it is miserable person, who screams and shouts all day long.

 

[Overnight]

Overnight is the biggest loser on this forum. Your right he she it is miserable person, who screams and shouts all day long.

(It is "you're" right, not "your" right, in that context.).

Look who pops back up at market highs, after weeks of silence.

Right on cue. Dumbass.

I just closed a live trade with proof. Can you?

No? No surprise.

Have a steaming hearty cup of STFU.

 

[v-shape-0DTE]

I know you're joking, but the reality is every red is instantly wiped out. It's impossible for any red to hold, which is the main reason why I know that this market will never stop going up. Look, it's insanely difficult to get this market to move down. When it happened in April, it was a near miracle and it didn't last long (it never does).

I think people simply forget this. The algos don't want any red ever and everything will just lead to a V.

Again, May is already a super green candle. June will be similar. The window for some small pullback is in August and we all know it won't last long. At that point you are looking at QQQ 470-480 and SPY 560 with little to no risk. Even if we get a random red day, it won't last more than a day or 2 before immediately getting reversed.

Some will say, well of course over time the market only goes up, but they are missing that there's never going to be any sustained period of a bear or corrective market ever again.

Like I said. 100% on point. This maker isn’t stopping. Short and lose money. June is a massive monthly greens candle similar to May. No risk at all. Nothing but up and every tiny dip will get instantly bought. There’s unlimited liquidity. They want to pump every asset to the stratosphere. Why would you ever fight it?