Haven't seen this much bullishness since 1999. Most bears have thrown in the towell

[bone]

True but he can buy trillions in real estate which is much cheaper .

US Real Estate didn't take the extreme beat down that Energy Sector Stocks did since February of 2020. Like all things - it's a matter of proportion.

As a side note - Warren Buffett earned the wrath of his long standing institutional investors by sitting on a pile of cash during five years of the biggest rally in Wall Street history.

 

[hafez50]

US Real Estate didn't take the extreme beat down that Energy Sector Stocks did since February of 2020. Like all things - it's a matter of proportion.

As a side note - Warren Buffett earned the wrath of his long standing institutional investors by sitting on a pile of cash during five years of the biggest rally in Wall Street history.

No i agree the bargains for making quick money were there in feb and march. I speaking now . The mkt is fully valued back to were it was at ath's with 12 month forward earnings down at least 20% if not more . In the end we all make reasons why a stock is a certain price and its always justified wether its a 20 p/e or 100 p/e . Are apple or msft worth $1.4 trillion each which equals the total value of the 6 or 7th biggest mtk ? For a trader its meaningless what the price is but for a long term holder the comments above are very important .

 

[SteveM]

In the end the mkt makes us do things we don't really want to do. You either do it or you make no money. If you oppose it you go broke

I believe John Carter once said something similar: "markets don't move because they want to, they move because they have to."

 

[SimpleMeLike]

I haven't seen this much giddiness and excitement since 1999. People on the street are talking about trading by far the most since 99 . I'm seeing 3600 targets like nothing happened .Hard to see much of a drop here unless another major shock hits . After an almost 50% run the bullishness is mind numbing .

hafez50,

Long and Strong S&P 500 Index. To the moon we go.

It is best to join Trump and his team and make the money. Just buy the Strong S&P 500 Index. It is easy money.

They making the market go up so everyone making money man. Just buy the S&P 500 Index. That is what everyone is doing where I work and its working.

And I get good dividends 4 times a year holding the S&P 500 Index.

You have to buy the S&P 500 Index twice a month so you be a millionaire in the older years.

 

[SimpleMeLike]

Way too much euphoria. Time to unload....this is a very historic rally. Anyone thinking this is normal is a complete idiot.

S2007S,

It do not matter what you think is normal.

Hey you keep trying to fight this market for a long time now. I keep on telling you man, you working too hard. Buy the market and hold. It is guys here where I work, makine alot of money just holding and you keep talking about shorting the market.

Look at me, I NEVER even look at the charts of S&P 500 index, just buy two times a month on pay day, its all automated and I am making more money then trying to short market and work hard and I read NO internet articles.

Work smarter , not harder. Just buy

 

[SimpleMeLike]

You guys are really making this very complicated, Buy the damn market and hold. You are NOT going to beat Donald Trump and his team. They want the market up. So follow them. Even Obama made the market go up.

Do not worry about the "why it is going up", just buy. Or you get the headache trying to short losing money.

 

[SunTrader]

I believe John Carter once said something similar: "markets don't move because they want to, they move because they have to."

Yup. Whoever is feeling the most pain will flinch. Have to.

Tomorrow/Wednesday monthly Fed meeting. Should be non-event after all they have done and announced already.

 

[KCalhoun]

CHK HTZ wow, even pot stocks CGC ACB got high.

fwiw my bull vs bear strategy produced breakeven today which was the goal, eg TNA SPXL up nicely.

It's precisely when markets look unstoppable that unexpected selloffs occur. Notably TVIX was up today.

What, to you, would signal a bearish reversal? I'm using S&P 3k support

If markets keep going up I'll buy more SPXL TNA long etfs

 

[colours]

Is the US election in November?

In the trading room i'm in, people started going long every single day a few months back, saying that the FED were gonna try to get us to new all time highs on the ES by the election time and that we basically would have no down days as they are throwing trillions at the market each day.
That sounded like madness to me, but that's basically what seems to be happening
So, is it basically free money at this point until the end of the year on the long side?
How big of a pullback might the FED allow in that time?
I don't want to get long now and then sit through a 100 point pullback.
I'm guessing they might allow the occasional down day of maybe -20 points, but overall, we're going to 3400 area?

 

[bone]

There is never a "normal" or a "good old days" when it comes to markets. That's a misguided trope and you have been perpetually stuck in a negative feedback loop about what in your mind constitutes market "stability". It's a waste of energy. The market is what the market is.

Way too much euphoria. Time to unload....this is a very historic rally. Anyone thinking this is normal is a complete idiot.