Markets are in denial, pending actual meaningful data - like GDP

[formikatrading]

Logic and reason have no place in stock market trading.

 

[maxinger]

Logic and reason have no place in stock market trading.

right mister.

many people tries to use logic , reasoning, rationalising to trade.
In fact, everyday there are thousands of such useless worthless news in internet.

 

[S2007S]

IMO we are on the verge of the greatest speculative mania in history - it'll make the dotcom boom look quaint. TSLA at $1400 is just an appetizer. Wait until digital assets embedded in video games are trading for the price of houses.

I hope no one gets surprised by 25% +++ fall in tesla after its been up 200%+ on the year.
I know everyone anticipates future earnings growth but this is just ludacris

 

[tiddlywinks]

Markets are not "in denial" of anything. They merely fail to confirm perceptions and/or beliefs.

The ones who will get burned the worst are the ones that believe markets
forecast 6 to 9 months into the future.

From a trading stance, the market is ALWAYS correct. It is the trader who gets it wrong. Wimpering, whining, wanting and wishing have no effect on the market.

 

[noddyboy]

I hope no one gets surprised by 25% +++ fall in tesla after its been up 200%+ on the year.
I know everyone anticipates future earnings growth but this is just ludacris

There you go again..."no one" and "everyone" in one post.
It is the same "no one" is as smart as me, and "everyone" is stupid mentality.

 

[Turveyd]

Bad numbers, will cause a blip down, then it'll be, that's in the past, buy buy buy buy worlds screwed, but market still near all time highs ( NQ especially ), so it'll only get better, buy buy buy!!

 

[formikatrading]

Bad numbers = more stimulus.

 

[Markmarabouu]

The market is on the verge of getting volatile and this is something that we have to deal with. But I think the situations are getting quite a under control now and hopefully, we can see more stimuli in the market in the coming time that could give us some profitable deals.

 

[VolSkewTrader]

The market is on the verge of getting volatile and this is something that we have to deal with. But I think the situations are getting quite a under control now and hopefully, we can see more stimuli in the market in the coming time that could give us some profitable deals.

Heightened volatility sucks for buy-and-hold investment performance...but it makes for a great trading environment with plenty of opportunity.