QQQ The March to 500

Hint: the government doesn't "print money" directly, the primary dealers to the central bank buy its bonds on a regular basis, and then sell them to "private parties" around the world.

Who do you think these private investors are, what do they want in return for lending all that money at 5% interest? And where did they get that money to begin with?

You're going to have to detect the black hole on your own. You know they've never seen one directly with a telescope, just the stars getting sucked in with no possible hope of escape....
If the Government wants to control new technology they just pass Legislation to gain control eg Weapons manufacturing.

To suggest the Government via The Fed is implementing some covert QE so the Government can buy new technology Stocks to control new technology seems a bit X-Files.
 
His entire approach is based on positioning. I suggest you check out his interview in Unknown Market Wizards and other free content he has if you genuinely want to learn more about his approach.

I don't take any positions myself based on his content as I don't need to, but he strikes me as the real deal and it's always interesting to listen to his comments.

Trying to pick a top during a raging bull market is a fools errand. If the market reverses and the time comes to be short, there's plenty of time for that after the cracks have started to show. Early shorts will have blown up ages ago.

He made a very succinct quote which I think is so true for trading in general:

"You don't want to be a contrarian to price. You want to be a contrarian to participation."

The market turns when everyone is long and the last short gave up as there's nobody left to buy.
Here's a snippet from his interview that's worth mentioning. Reading the COT every week may give you an edge, but it can still flip on its head and leave you hanging in the balance.

*******
Aren’t there times when the commercials are short for a very long time, and the market keeps going up, or the commercials are long for a very long time, and the market keeps going down?

Sure, but I don’t just trade on the COT numbers. First of all, I need price action confirmation, and second, I have tight stops. For example, I got long heating oil about a month or two ago, which meant the commercials were very long, and the speculators were very short. I got stopped out. I put the position on again, and I got stopped out a second time. Then, all of a sudden, the positioning entirely changed—the commercials were no longer long—which meant that I could no longer buy that market. That is when the market really started to go down. So it is true that a couple of months ago, the COT suggested being long the market. But within a few weeks, it had turned neutral again, and that is when the price collapse really got going.
 
Everyone's retirement accounts will be at record highs tonight.....

Literally printing free money.

Looks like everyone is going to retire early and collect free money forever. ...cause that's what is happening.....if a half million dollar portfolio can get a free 20% return we are talking 100k worth of free money every year. Why the fu"k do.you need to punch a clock....thank you wallstreet and free money every single day.
Well that - when hypothetically true - would solve for itself since sources are scarce, so inflation.

The guys who always shorted will not be compensated for this, nor the guys who buy puts (continuously):rolleyes:
 
1999-2000 semi's were leading the charge. The 1999-2000 semi rally gave it all back, wonder how this one will end?

1999-2000 +563% in 504 days/ 2024 +166% in 616 days
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1999-2000 semi's were leading the charge. The 1999-2000 semi rally gave it all back, wonder how this one will end?

1999-2000 +563% in 504 days/ 2024 +166% in 616 days
View attachment 342505



Another 22,000 points left of upside....imagine the market capitalization of these semis.. .

We would have multiple trillion dollar semi stocks......

So are we saying there is no top for a long long long time.....just one straight vertical climb for the next 3 4 5 6 7 years.
 
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