I am suspicious of this rally

Whether you have faith in a rally will greatly depend on positioning. If you bought a year ago your well positioned against any turn of a rally. For me any time the Fed rate is at 0% don't get in the way of the rally. It will give plenty back when they Fed rate raises. You see glimpses of it when the 10year got some traction recently.
 
Food for thought...

SP0421.jpg
 
There’s reality.

then there’s your conception/thoughts/opinions/beliefs of this reality.

Input “market” in for reality and it’s the same.

you’re suspicious, yet the market isn’t.

Trade what you see my friends, not what you want to see.
 
I like your language.. you use terms like “close” so no matter what eventually you’ll be correct.

saying a correction is “soon” is like saying it’s going to rain soon. You’ll be correct eventually.

instead, why not detail a position you’re currently or looking to get in that reflects this soon to be correction bias of yours.?
 
The correction will come when the fed stops it's direct asset purchase programs. But in the long term I strongly believe asset price inflation will continue to drive equity markets higher. Unlike Japan, the USA has a lot of different factors going for it (such as immigration and sharing a border with a developing country), that we will not face the fate as the Nikkei in the 90s. SPY 450 by fall.
 
.sigma said:
There’s reality.

then there’s your conception/thoughts/opinions/beliefs of this reality.

Input “market” in for reality and it’s the same.

you’re suspicious, yet the market isn’t.

Trade what you see my friends, not what you want to see.
More...

Hajimow was dead against buying "anything" when the SPX was 4-5% lower then it is now. There is no real reason to be "suspicious" of markets at this time. If the vaccines have any setbacks that could change, but these traders who invent reasons for market corrections when there is no real catalyst are tiresome. Once we took out the ATHs the most likely short term move was higher.
 
Nine_Ender said:
Hajimow was dead against buying "anything" when the SPX was 4-5% lower then it is now. There is no real reason to be "suspicious" of markets at this time. If the vaccines have any setbacks that could change, but these traders who invent reasons for market corrections when there is no real catalyst are tiresome. Once we took out the ATHs the most likely short term move was higher.
More...

proved my exact point
 
maxinger said:
Simply do day trading and stop investing.
Then you don't have to worry whether this rally is genuine / real / strong rally or not.
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%%
Or learn the big difference between a rally an an uptrending bull market.
Sold udow + tqqq, SSO, but stll good uptrend + i sell something or more most every week.And TQQQ is still going up on 4 hour charts, dont know what it did on 1 minute charts................................... The fact that most may never go up good in 500 of SPY is very common + simply shows stock selection is harder than most think.
 
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