How high can the S&P 500 go by year end?

JSOP · Nov 4, 2021

Laissez Faire said:
Hello everyone,

I can't be the only one who's getting dizzy up here, but this market simply keeps going and going.

Yes we are in the death zone now. Better to get some oxygen...

KCalhoun · Nov 4, 2021

I'm mostly daytrading, I think overnight holds up here are risky. I like F for ev play, metals, energy , healthcare, cost , tlry, very careful

S2007S · Nov 5, 2021

NoahA said:
I think with FED intervention, no historical numbers matter. Market can go up 50% every year going forward, just keeping Pace with inflation. Seeing this market melt up might not be due to a strong economy or positive outlook, but rather pricing in persistent inflation.

But the fed and friends are telling you other wise. They keep telling us that inflation is just transitory, so if what they say is actual reality then the markets are extremely extremely extremely overbought!!!!!

S2007S · Nov 5, 2021

SunTrader said:
Maybe $VIX single digits soon.

Insane.

If that does happen, which I'm absolutely astonished that it hasn't happen yet, I would be buying every vix call option out there.

twstn · Nov 5, 2021

SunTrader said:
Maybe $VIX single digits soon.

Insane.

2017 flashback soon. Happy or sad 2021 holiday season! Insane indeed.

nitrene · Nov 5, 2021

Imagine where this market would be if the VIX hit 8.56 like on 11/24/2017. Of course 2 months later the VIXmageddon hit and crashed that party hard.

twstn · Nov 5, 2021

nitrene said:
Imagine where this market would be if the VIX hit 8.56 like on 11/24/2017. Of course 2 months later the VIXmageddon hit and crashed that party hard.

BUY, BUY, BUY!!! Hahaha! This is not a reco though. But this is what I might do. :sneaky:

KCalhoun · Nov 5, 2021

Hence my obsession with UVXY... VIX always spikes back up >20 periodically

Nine_Ender · Nov 5, 2021

S2007S said:
But the fed and friends are telling you other wise. They keep telling us that inflation is just transitory, so if what they say is actual reality then the markets are extremely extremely extremely overbought!!!!!

You thought markets were overbought April 2009.

traider · Nov 5, 2021

JPow true target is SPY 10000, not low inflation and low unemployment.