Parabolic move is what we are witnessing..8-2020

[themickey]

......Warren Buffett favorite market indicator.....

Blah blah blah with this fake guru.

 

[S2007S]

Dow historical highs about 3% away. Comes this week.
Nasdaq 12000 today
Nasdaq 41st record high yesterday
S$p 21st record high yesterday

Today more records will be broken.

Unlimited spending by Congress with more approval of stimulus and fed liquidity juicing markets forever.





Real-Time Stock Indices Futures
US 30
28,813.0
DERIVED
06:16:10 | Futures
+191.0 +0.67%

US 500
3,551.62
DERIVED
06:16:08 | Futures
+24.62 +0.70%

US Tech 100
12,448.62
DERIVED
06:16:08 | Futures
+136.12 +1.11%

Small Cap 2000
1,587.55
DERIVED
06:16:09 | Futures
+9.05

 

[S2007S]

HAH! Just wait until we have a vaccine and people get back to work instead of rioting, and our GDP goes positive again!

So that could boost markets by 20-30% in just 2 months alone on news like that, positive gdp figure and unemployment below 4% and we are looking at a significant rally. Add in all the fed liquidity and more stimulus packages and this bull market should run over 30 years...

 

[S2007S]

Not even at the market open yet and these are the market capitalization gains premarket


Apple $42,500,000,000
Tesla $9,000,000,000
Microsoft $14,000,000,000
Amazon $22,000,000,000
NVIDIA $7,000,000,000
Google $12,900,000,000
Facebook $8,500,000,000
Baba $4.800,000,000
Netflix $1,900,000,000


Over $120,000,000,000 in market capitalization gains just in premarket alone.

 

[Nine_Ender]

Yep a huge value proposition, cutting their workforce and 90 days to bankruptcy.

Find me a company right this second, 90 days from bankruptcy and let's see you sink tens of thousands of dollars into that failing company.



SAN FRANCISCO — In 1997, Apple was on the ropes. The Silicon Valley pioneer was being decimated by Microsoft and its many partners in the personal-computer market. It had just cut a third of its work force, and it was about 90 days from going broke, Apple’s late co-founder, Steve Jobs, later said.

You really have no clue. You are confusing cash flow issues with company value. You just get obsessed with doomsday scenarios whatever you can find. You've doubted firms like AAPL pretty much their entire history as patient investors make a ton of money. You mocked Buffett for buying AAPL in the range $90-$170 a share pre-split. Bottom line Microsoft saw the value where as a idiot like you could never do so.

 

[Nine_Ender]

Why are you even looking it up? His view of the world is a child playing with building blocks. In his model of the world, what has been built HAS to be completely ruined to the dust it came. There is no logic to this view. It is just looking at a 10 year graph and pointing to the price 10 years ago and saying that is where we must go. Any attempt to speak logic to him, he would just point to the biggest up day and say if it it keeps going at that rate, price will be infinity -- as if any of us is saying that, and as if the only alternative is that price will be instead be zero.

Agreed he's highly irrational and predictable. Two great but very different examples of value plays from the past : TD Bank and Air Canada. Buying TD Bank mid 1990s was up 2500% late last year ( reinvesting the dividends ). Low risk stock you can hold forever. Air Canada was $1 a share technically bankrupt but survived with govt help and got as high as $60 a share pre-Covid. Now $17 due to Covid. S2007S has a filter that does not allow him to see the good in the world and success stories.

 

[bone]

It's called an Anxiety-Distraction Negative Feedback Loop.

You really have no clue. You are confusing cash flow issues with company value. You just get obsessed with doomsday scenarios whatever you can find. You've doubted firms like AAPL pretty much their entire history as patient investors make a ton of money. You mocked Buffett for buying AAPL in the range $90-$170 a share pre-split. Bottom line Microsoft saw the value where as a idiot like you could never do so.

 

[Nine_Ender]

It's called an Anxiety-Distraction Negative Feedback Loop.

Most telling is he's not learned a thing in 11 years. No doubt he still owns those triple short etfs be bought over 2 months ago against trend.

 

[bone]

I've seen so many traders fail over fighting the market. They have to be right and the market has to be wrong. They abandon their stop-loss levels and they add to the position. And that's the end of them. They are usually forced to close out their positions by others, or they will close it out after nearly all of their account equity is exhausted. Even when they add to the loser and it goes back to break-even or even a winner they will add over and over again until the time when the market doesn't come back and their broker or the management liquidates the account. Chip Kenyon, one of he best Bond options and pit futures traders ever, used to call it a "sickness".

What's insidious is that the market will always eventually correct itself or reverse. Then the now former trader takes this as a positive affirmation and they find a new trading job or find another stake and do the exact same thing all over again.

Most telling is he's not learned a thing in 11 years. No doubt he still owns those triple short etfs be bought over 2 months ago against trend.

 

[noddyboy]

I've seen so many traders fail over fighting the market. They have to be right and the market has to be wrong. They abandon their stop-loss levels and they add to the position. And that's the end of them. They are usually forced to close out their positions by others, or they will close it out after nearly all of their account equity is exhausted. Even when they add to the loser and it goes back to break-even or even a winner they will add over and over again until the time when the market doesn't come back and their broker or the management liquidates the account. Chip Kenyon, one of he best Bond options and pit futures traders ever, used to call it a "sickness".

What's insidious is that the market will always eventually correct itself or reverse. Then the now former trader takes this as a positive affirmation and they find a new trading job or find another stake and do the exact same thing all over again.

Good advice...unfortunately, the more you talk sense, the more they think you are a bull and so surely the market will NOW crash, and so they have to double down.