QQQ The March to 500

schizo said:
Yes, under 3 scenarios: US default, world war, and AI, especially if they spiral out of ctrol.


True, today's market is vastly different from the past. But then again, we didn't print money back then like there is no tomorrow either. Back in the 90s, the possibility that the US could default on its debt was unthinkable. You would be frowned upon should you mention anything of that sort. Today, it's not out of the realm of possibility. Nobody would take your word as being crazy.

But I ain't saying the market will drop 70%. All I'm saying is that the market frenzy we see today is eerily similar to 1999. So better you err on the side of caution, or at least be mindful of these things and be prepared.
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Chances of a US default ehhh 0.3%

Chance of a world War ehhh maybe 0.8%

Chances of ai spiraling out of control ehhh 1%


Us default has been talked about so many times that by now it's just hear say ....never going to happen and if it did the fed would print more money and do some other wild parry magic tricks to stop markets from falling anything more than a few percent


World War, nahhh. Another thing doomsdayers worry about. Wouldnhave happened by now. If it did markets would drop for a week and then continue a rally to new highs


Ai ....maybe a quick sell off but then once again resume it's upward trend becsuse ai is the future and wallstreet needs ai to keep the rally moving


So all of these scenarios aren't happening...


Do.you have another 3??
 
S2007S said:
Did you really need to bring up circuit breakers

Don't get be heated...

Circuit breakers need to be completely destroyed....there should be no such thing as circuit breakers. Stocks should fall where they fall, to pause the market and shut it down isn't a free market
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And yet one more "they weren't around for this"...

upload_2024-6-16_4-52-48.jpeg


Deeper than it looks.
:rolleyes:
 
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S2007S said:
Chances of a US default ehhh 0.3%

Chance of a world War ehhh maybe 0.8%

Chances of ai spiraling out of control ehhh 1%


Us default has been talked about so many times that by now it's just hear say ....never going to happen and if it did the fed would print more money and do some other wild parry magic tricks to stop markets from falling anything more than a few percent


World War, nahhh. Another thing doomsdayers worry about. Wouldnhave happened by now. If it did markets would drop for a week and then continue a rally to new highs


Ai ....maybe a quick sell off but then once again resume it's upward trend becsuse ai is the future and wallstreet needs ai to keep the rally moving


So all of these scenarios aren't happening...


Do.you have another 3??
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All this time, you've been bitching nonstop about the market going higher, and when I finally agree with you for once, you change your mind? LMAO. Okay, wise ass, you're on your own.
 
schizo said:
All this time, you've been bitching nonstop about the market going higher, and when I finally agree with you for once, you change your mind? LMAO. Okay, wise ass, you're on your own.
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Let's be real here


Us default is not happening. Every single time we bump up against the debt ceiling they raise it again and again amd again and again and again and have been for decades. They will never stop raising the debt ceiling and will continue to amass trillions upon trillions in debt. It just shows the higher the debt ceiling rises the higher equities go....

Talk of a world War have been pushed around for the longest time. It's like the doomsday clock always a minute or 2 before 12. Wake me up when it's past 12 ....

And the ai, well who knows. We need ai here to create an ongoing wallstreet market boom because if we did not have ai now, markets would easily be 40% lower ...
 
S2007S said:
Uh ohhhh

Will the qqq make it to 500 before then???


Prediction: Artificial Intelligence (AI) Leader Nvidia Is Going to Plunge by More Than 50%
By Sean Williams – Jun 13, 2024 at 5:06AM


https://www.fool.com/investing/2024/06/13/prediction-ai-leader-nvidia-plunge-by-more-than-50/
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Only 500, ya pussy? Why not 5000? I seriously think you should just STFU and go long. Yeah, why don't ya sell your house, including your wife and children, as well as your entire savings and buy, buy, buy! Who knows, you might become an overnight millionaire that you've always envied. :sneaky:
 
I posted this elsewhere the 30th of January and thought I had re-posted it here, too, but couldn't find it now:

If we zoom out a bit, this year's an election year in the US. Historically, these have a very high probability of being a green year. Some of the down years also seemed to have occured during financial crises (for example 2008).

Now, if we look at green years on the S&P 500 - very, very few green years have had a high print less than 10 %. In fact, the average high print is over 20 %.

So, if we assume this will be an up year and use a conservative 10 % upside target - S&P should print 5250 this year.

With 15 % - the target is 5485.

20 % seems crazy, but that would be 5723.
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When I made that post by end of January this year, the S&P 500 closing price was 4924.97.

Friday's closing price was 5431.60 with the S&P500 up 13.87 % on the year.

So, based on my technical data, I figure this year easily sees a high print of 20 %. Which means the S&P 500 have another 292 points to go.

In the quote above I said "20 % seems crazy", but it doesn't seem so any longer. Let's dig further...

14 of the green years since 1975 had a high print exceeding 25 %.

That would put the S&P 500 at 6023 by end of this year. I'm sure some think it sounds crazy, but it's not like it hasn't happened before.

Not a prediction per se. More like an expectation of where the market may go by year end if the bull market persists.
 
Laissez Faire said:
I posted this elsewhere the 30th of January and thought I had re-posted it here, too, but couldn't find it now:



When I made that post by end of January this year, the S&P 500 closing price was 4924.97.

Friday's closing price was 5431.60 with the S&P500 up 13.87 % on the year.

So, based on my technical data, I figure this year easily sees a high print of 20 %. Which means the S&P 500 have another 292 points to go.

In the quote above I said "20 % seems crazy", but it doesn't seem so any longer. Let's dig further...

14 of the green years since 1975 had a high print exceeding 25 %.

That would put the S&P 500 at 6023 by end of this year. I'm sure some think it sounds crazy, but it's not like it hasn't happened before.

Not a prediction per se. More like an expectation of where the market may go by year end if the bull market persists.
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I just used my own version of lagrange multipliers, and draw 3 lines: it is certainly in the realm of possibilities:
lagrange.png
 
I'm no insider but it sure "feels" like _someone_ is printing money to be able to buy the controlling stakes in all new technologies useful to their consolidation of control of all things information related. Think of who owns all the shares bought with QE over the years, and what thay _could_ be mandating on the company boards.....
 
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