S&p 15,000 by 2030 ...unlimited free money ....200% return

SimpleMeLike said:
Good Morning Overnight,

I am who I am. I am a logically long term investor and I am a short term gambling trader.

I DCA indexes markets for long term getting rich in +15 years.

I gamble trade in futures, options, and soon to be forex markets to get rich in less than 5 years.

Rich meaning +$2 million and then I will quit the trading business.

Pretty simple, right. I HATE complicated stuff and I really HATE working hard.
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Then you are going to need a song/theme.

Heed it well.


(I'm serious about this. You need a theme to your LIFE!)
 
S2007S said:
Fngu amd soxl print money


But if nasdaq pulls back just 5% fngu is going to take a huge hit and lose $100 a share and will trading back below $450. Would you add more to your position???
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Not even a 5% drop and FNGU dropped over $50 a share straight to $500....that was one huge drop of 10% . .could easily dip below 400 if nasdaq starts a minor summer sell-off.
 
CONGRATS once again to all those who play the ZERO risk free money just buy SPX system$$ I love 100% up room to go with ZERO risk free money baby $$$Kachingo$$$ markets CRUSHING shorts one ET permabear at a time $$$
 
nitrene said:
Well that is only 18.2% compounded yearly [(15000/5500)^(1/6)]. Probably San Jose/Sunnyvale real estate will do better especially now that we got some new nVidia millionaires down there. I can see it. That probably translates to a 30%/year move on the NASDAQ so that's a 5X move.

Remember in the last year of the Internet bubble, the NASDAQ doubled amazingly. Imagine an index doubling in less than 12 months. That is a 6%/month compounded move.

Just stay long FNGU & SOXL.
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And this is why 3x etfs get really messy when indexes drop extremely hard,

FNGU down over 100 since touching highs just last week ...now to climb back to 550 plus the nasdaq has to jump well beyond its historical highs from last week..
 
S2007S said:
And this is why 3x etfs get really messy when indexes drop extremely hard,

FNGU down over 100 since touching highs just last week ...now to climb back to 550 plus the nasdaq has to jump well beyond its historical highs from last week..
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Correct. It gives concentrated leverage but when it is not in favor you get times when it implodes like this.

The only question is will it come back or are value stocks in favor now? The future is tech especially semiconductors. As for the megacap tech companies that FNGU represents it will do good for now but I do agree with the government that they should be broken up since they are thinly veiled monopolies (really monopsonies), especially Google & Apple. It's still a surprise to me that the Chinese handset makers don't create their own mobile OS like Nokia had at one time (Simbian) instead of relying on Google's Android OS.

Unless things change drastically with Lina Khan or if the Trump admin sues them, the tyranny of the FANG+ stocks & semiconductors will continue to vastly outperform other stocks. When this wave of buy junk small caps ends people will just pile back into the usual suspects.
 
nitrene said:
Correct. It gives concentrated leverage but when it is not in favor you get times when it implodes like this.

The only question is will it come back or are value stocks in favor now? The future is tech especially semiconductors. As for the megacap tech companies that FNGU represents it will do good for now but I do agree with the government that they should be broken up since they are thinly veiled monopolies (really monopsonies), especially Google & Apple. It's still a surprise to me that the Chinese handset makers don't create their own mobile OS like Nokia had at one time (Simbian) instead of relying on Google's Android OS.

Unless things change drastically with Lina Khan or if the Trump admin sues them, the tyranny of the FANG+ stocks & semiconductors will continue to vastly outperform other stocks. When this wave of buy junk small caps ends people will just pile back into the usual suspects.
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The problem with these etfs is you capture insane gains on the way up so much you never believe it's going to end. I mean fngu was around 260 in April I believe and then went parabolic to nearly 600 in only weeks. It literally felt like it was never going to end. Now with earnings in favor who knows now which way it will go with volatility now in play ....fngu has been broken but can still get a huge jump up if all the mag 7 perform well into earnings. ...its funny how everyone was buying up the mag 7 just a week ago and today they want absolutely nothing to do with them. I still think you need tech and semi and magnificent 7 to perform well in order to lift markets, without this group it won't go far at all.
 
S2007S said:
Similar??? These posts differ from one to the next.....please find me another s&p 15000 prediction by 2030, you won't.... so I had to post it with video....reason is so we can come back to this forum in 2030 and see the outcome of a possible 200% non stop straight up s&p rallly....

I'll be posting more soon...so stand by.....

What's your prediction for 2030?
Let's hear a prediction within 1000 points!
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https://www.elitetrader.com/et/threads/lets-see-how-well-this-ages-15000-s-p-by-2030.379994/
 
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