Mark this... Market will go to all time high by the end April

[KCalhoun]

I'm frankly thrilled with this dumbass bull trap dcb cuz all my inverses I trade are on sale.... I sold most premkt today, rebought a bit into the close and will scale up tomorrow in SDOW SPXS SOXS etc for long weekend hold

Also bought oil APA OXY UCO etc

 

[greeneveryday]

Kcalhoun... Keep holding bags bro. Meanwhile, my Spy calls exploded in value.

 

[KCalhoun]

Kcalhoun... Keep holding bags bro. Meanwhile, my Spy calls exploded in value.

Congrats, that's what makes markets, we each trade how we want. I'm in and out daily

 

[farmerjohn1324]

Does anyone understand why or how the market is still going up at all?
Ok, Fed is buying bonds, but corp buybacks are over so who may be buying stocks, or how does the Fed QE convert to stocks going up? Or do retail traders still wield much power, etc?
And I’m pretty sure it’s not just Cramer that is confused by this:
https://www.cnbc.com/2020/04/08/cra...pper-confused-by-the-market-recent-rally.html

Because the curve of new infections is beginning to flatten.

 

[KCalhoun]

Because the curve of new infections is beginning to flatten.

If I still taught statistics (I was a statistician for Ford in early 90s) I would cite the bs coming out of white house bullshit curve models as:

Sampling/measurement error: gross under sampling due to hugely incomplete testing, both pre and post mortem

Alpha/beta errors substantially under reported invalidate curve assumptions

Inaccuracy, lack of testing rigor

 

[schizo]

Guarantee.... All Time high by April 30....Spy 350 calls will print $$$$

Not again

 

[dozu888]

Not again

it's so funny... the green dude also gives guarantees.

 

[KCalhoun]

it's so funny... the green dude also gives guarantees.

I guarantee one of us will be right and the other will be wrong. (^_^)

 

[guru]

Because the curve of new infections is beginning to flatten.

It's not like the market was going down every day and only recovered yesterday.
The curve sometimes begins to flatten, other times is going up again, while more virus waves are also expected.
And even full virus defeat won't make near-bankrupt and debt-loaded companies suddenly profitable again, bring jobs, and pay people's rent. Just trying to figure out whether Fed/QE really can continue propelling markets, and how.

 

[clockwork71]

I'm in and out daily

I am as well. However, we are getting married, so I fear that might end.