The S&P 500 will top soon at 2925-2930

[themickey]

We aren't going in circles, you guys are beating a dead horse. The matter was settled from my very first point/post.

You tried to come up with a synonym (that is equivalent for you) word just to try to disagree and I proved you that anticipate means exactly the same as predict.

So now you have a choice. You can be a man and acknowledge that you are wrong, or you can go fuck yourself, and still be wrong. In the main time, I will put you on Ignore because I hate children.

Psssstttt. Are you there Pek? Can you still see me? Will you still talk to me.?

 

[themickey]

I'll relate a story, listen up BLOCKHEADS.
A man is flipping coins,
Heads: A crate of oranges is loaded onto a truck.
Tails: A load of lemons goes on another truck.
All day long he flips coins and trucks are loaded. Does he need to predict? NO!

Me.
I get a signal to buy a stock and it goes down (lemon) Do I give a fuck? No!
Did I predict? NO!

 

[Buy1Sell2]

Every trade is a prediction... You wouldn't go long if you expected (aka predict) the price to go down, would you?

Correct. There are always people who say I just trade what I see and don't predict, but they are fooling themselves----------------as they are predicting.

 

[Buy1Sell2]

I've checked your numbers and you're good.

Yep---he is.

 

[themickey]

Correct. There are always people who say I just trade what I see and don't predict, but they are fooling themselves----------------as they are predicting.

Yeeeeaaahhh riiiight.

 

[volente_00]

See y'all at 2650 SPX

 

[tommcginnis]

See y'all at 2650 SPX

Right now, the world is re-calculating all its collective expensing models, to figure out the winners and losers for current China trade to be migrated to Vietnam, India, Bangladesh, USA, South America, Africa, SOUTHERN Europe.......
In the meantime, China's debt grows faster than its GDP, even though its number nearly doubles (at current rates) in 10 years... ("Well! That's some ferocious debt you got there!")
BREXIT continues to underwhelm the EU and the world economy.
U.S. employment continues to throw off Great Recession shackles...

And you suggest 2650 happens a'fore 3000?

The greatest things which the market faces right now are NOT economically driven, but are geo-political seismic events unleashed after a quarter century of quiescence. The biggest gadfly on the world market beast is a narcissist who acts first, thinks... ("Well, let's just not say.")

We COULD drop to 2650 tomorrow: would that be a sign of a great call? And two days later, we could be breaching 3000. OR VICE-VERSA.

We have come off of the S&P500 p-e highs, whether TTM or Shiller. While I might prefer an S&P WAY below 2650, I still have to pay attention:

BTFD.

 

[_eug_]

See y'all at 2650 SPX

whats at 2650 specifically ? why do you see that as a target?

 

[volente_00]

whats at 2650 specifically ? why do you see that as a target?

Gap and Chart pattern

2646 is exact number

 

[S2007S]

They said markets would be approximately 19% lower if these corporate buybacks weren't in place I believe that number is too nice, I think it would be even lower by 30-40%!!!!


The stock market would be much lower if it weren't for companies buying back their own shares
Fred Imbert | @foimbert
Published 21 Hours Ago Updated 16 Hours AgoCNBC.com

• Data compiled by Ned Davis Research shows the S&P 500 would be 19% lower between 2011 and the first quarter of 2019 without buybacks.
• The other options for companies to deal with that cash — holding it, reinvestments and dividends — would have also led to lower returns.
• "Without focusing too much on numbers, we can say that the S&P 500 index would probably be lower today if not for buybacks versus other uses of cash," says Ed Clissold, chief U.S. strategist at Ned Davis Research.

https://www.cnbc.com/2019/05/25/the...r-companies-buying-back-their-own-shares.html