The mkt feels like a permanent high plateau can be maintained.

[SammyJ]

It’s seems like all the old rules of previous decades and generations no longer apply . Such as “ when everyone’s greedy be fearful “ . People continue the buy with no fear of losing because the mkt never stays down . It’s like a fdic cd insured . I know others will say a tops here as the world is rabid bullish . I’ve heard the same bs for 25 yrs and outside some quick fast moves down nobody ever loses as we go right back to ath’s

 

[Millionaire]

Low interest rates are also keeping the housing markets at all time highs here in the UK as well.

Probably the same for US housing?.

Seems like the party will go on while money is super cheap to borrow. Which at the moment feels like forever more.

But inflation is the problem, it will push more and more people who don't own assets like stocks and real estate into poverty.

 

[treeman]

You’ve been at it for 25 years? 2001-2016 is 15 years of no progress. A lot of drawdowns though. But of course drawdowns bring up trends.

Your post also seems like a complaint. Is there something you don’t like about the market? Uptrends? Why do people dislike higher highs and higher lows? It’s pretty easy to read. Yet most fail. It also doesn’t describe a plateau.

 

[maxinger]

Traders don't really bother about all these.
we don't really bother about the plateau, fear greed, tops bottoms, fdic cd, rabid bs, bullish/bear/whale ath's ...

we are mainly interested in the day range;
we'd like it to be big enough for trading.

big day range - then we can earn money.
small day range - then we will be starving.

 

[Nobert]

Two countries, next to each other.

Conclusion :

opportunities always out there. Nice options for longs all over the place, even in US alone, despite of market condition.

 

[KCalhoun]

Traders don't really bother about all these.
we don't really bother about the plateau, fear greed, tops bottoms, fdic cd, rabid bs, bullish/bear/whale ath's ...

we are mainly interested in the day range;
we'd like it to be big enough for trading.

big day range - then we can earn money.
small day range - then we will be starving.

Range is everything..... totally agree. Also great to sell into extended range breakouts, eg I sold TLRY 15.2 today for a win.

But also this rally makes no sense whatsoever imo, like TSLA wtf

 

[Specterx]

It’s seems like all the old rules of previous decades and generations no longer apply . Such as “ when everyone’s greedy be fearful “ . People continue the buy with no fear of losing because the mkt never stays down . It’s like a fdic cd insured . I know others will say a tops here as the world is rabid bullish . I’ve heard the same bs for 25 yrs and outside some quick fast moves down nobody ever loses as we go right back to ath’s

Previous decades and generations didn't have governments dedicated to keeping equity markets propped up. That said, markets are an arms race. BTFD worked like a charm for 10 years because the bull market was hated, now it's loved...

 

[tradeking007yahoo]

Previous decades and generations didn't have governments dedicated to keeping equity markets propped up. That said, markets are an arms race. BTFD worked like a charm for 10 years because the bull market was hated, now it's loved...

very very astute

 

[globalarbtrader]

It’s seems like all the old rules of previous decades and generations no longer apply . Such as “ when everyone’s greedy be fearful “ . People continue the buy with no fear of losing because the mkt never stays down . It’s like a fdic cd insured . I know others will say a tops here as the world is rabid bullish . I’ve heard the same bs for 25 yrs and outside some quick fast moves down nobody ever loses as we go right back to ath’s

I don't know if you're deliberately alluding to this famous quote or not, but it's not the best choice of historical reference

“Stock prices have reached what looks like a permanently high plateau,”
Irving Fisher
September 3rd, 1929

GAT

 

[S2007S]

It’s seems like all the old rules of previous decades and generations no longer apply . Such as “ when everyone’s greedy be fearful “ . People continue the buy with no fear of losing because the mkt never stays down . It’s like a fdic cd insured . I know others will say a tops here as the world is rabid bullish . I’ve heard the same bs for 25 yrs and outside some quick fast moves down nobody ever loses as we go right back to ath’s

Can't last forever. There are so many stocks overbought that the trajectory at the pace they are going earnings will never keep up.