The S&P 500 has topped at 2430 on 6/1/17

The S&P 500 has topped at 2430 or is within 22 points of topping

  • Yes your are correct

    Votes: 14 41.2%

  • Hell no you just got lucky last time and are still smoking crack

    Votes: 20 58.8%
  • Total voters
    34
S2007S said:
Nasdaq up 9 out of 11 sessions
And has logged gains in 24 out of past 30 sessions. An incredible 80% win rate...

Now just imagine if it were the other way around...with an 80% loss rate!!! The fed would have printed another $2 trillion dollars...

Whats more amazing is how NVDA up 67% in one month,, TSLA AMZN, NFLX, GOOG, FB, PCLN, BABA, literally only go one way, UP. Zero risk .....I guess people think they are going to miss out so they keep buying, but once the buying stops which it always does those at the top will be be reminded its not a great thing to chase stocks like everyone seems to be doing as the Nasdaq rallies nonstop....just remember more than 40% of the QQQ is made up of just 5 stocks...talk about a rally that's literally only one sector of stocks....
More...

Those that are short TSLA have to be stopped out and completely ruined. It is almost tripled from 1/2016 lows. Those that are still short now can only make 100% if they are 100% right and TSLA has zero value. Still seems like a game of chicken...is it really smart to play that game, even if you think you are the smarter one?
 
Yes you can spin it either way. I'm sure market would have risen if Clinton instead of trump won. Wasn't actually that big move in EU markets today and maybe overall movement was just like any other day.... just happened to be election results and what sharp movements occurred were at time of election news. Will go up until it doesn't just go with the flow :)
 
Nasdaq just tanking while the Dow looks like it's in LALA land....pretty amusing.
Nasdaq ks being taken down by the semis. I follow SOXL and that stock has gone parabolic, up huge for 2017, it dipped to about $80 a share a few weeks back and went straight up to $110+, touched an intraday high this morning and just fell apart....might be on news that one trader took a huge short position in NVDA after that stock has literally rallied about 70% in one single month.......
I'm sure the buyers will come back in and buy everything Monday reversing ever loss by these afternoon.... Rinse and repeat.....
 
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