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

So let's see

S$p up 47.5% from its lows on march 23rd.
S$p has erased every loss from the collapse and in the green for 2020
Nasdaq up at historical highs never ever seen before. 10,000 tomorrow.

Fed meeting this week, should be dovish as fuck.

Wow this is just the greatest wallstreet moments in history ...going to last forever since the euphoria is just non stop. Just keep buying because stocks should double again by end of summer and then again by end of year.
 
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?

Six years into the game and it appears you are still a babe in the woods.
 
...
I don't want to get long now and then sit through a 100 point pullback...

Yeah, that would put hair on your ass. But a 100 point pullback, I am assuming you mean in the ES, is chump change these days. See the last couple years.
 
Htz almost $7 after hrs . A whole host of stocks up 15-20% after hrs . All junk stocks .One very positive thing is i see very few people shorting . Most people petrified to short . That bodes well for a drop but you must see weakness before attempting to short .I traded heavy in 1999 and this is worse than then as far as % runs in these small stocks which fuels mass speculation .
 
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Htz almost $7 after hrs . A whole host of stocks up 15-20% after hrs . All junk stocks .


HTZ surging, could make for a nice put buy. Futures going no where last I checked but im sure they will be bright green with the nasdaq above 10000 tomorrow.
 
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 .

Prove to me that most bears have thrown the towel? The only posts I see daily are bears talking about how crazy the world is. They are still around and posting.
 
Prove to me that most bears have thrown the towel? The only posts I see daily are bears talking about how crazy the world is. They are still around and posting.

Show me posts were people on here actively buying puts or shorting like they were 3-8 weeks ago ? Put to call ratio some of the lowest in history as put buyers frightened .. 1 lot call buying going wild .Short interest has fallen big . Go look at every single headline in cnbc,cbs market watch ,bloomberg. 99% super bullish
 
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