The S&P has topped

[Spooz Top 2]

Looks like Fonzi/ Volente really jumped the shark on this one!
Geez Louize . Mrs C

 

[bone]

Higher highs and higher lows... so classic.

Holds a trend line on the Weekly like a champ.

Very shallow corrections - vintage accumulation pattern.

 

[bone]

New thread idea: how many new threads will Volente start before the S&P sells off for real and the long term trend started in 2009 gets taken out for reals. He's already started 3 since February 2017 - any guesses ?

 

[i960]

There's other trades out there besides the S&P... like Nasdaq vs Russell:

 

[propwarrior]

go trump. grab em by the *ussy.

 

[arbuckletboone]

2550 next target

I think we were at 2430 when you wrote that. Amazing.

 

[theapprentice]

2550 next target (current 2431)

there we go

Next target 2777

 

[bone]

This is just freaking relentless. Serious accumulation and price improvement. Clearly very smart and well informed professionals assess that there remains yields superior in the US equity markets as compared to other asset classes - even at these nosebleed prices. And US shares have indeed outperformed other global equity markets.

Could the prospect of trillions of dollars almost assuredly being repatriated back into the US lead to the obvious conclusion of corporate share buybacks in, let's say, 2018 or 2019 ?

 

[bone]

In terms of the US Equity Index Markets - since 2009, technical indicators in the class of wave counts, cycles, and oscillators have sodomized countless speculators trying to time the top of this beast.

 

[Pekelo]

We have to take into account that inflation is bullish. Just to counter act the effect of inflation, stocks have to raise. That doesn't mean the overall market is healthy...

We are seeing the going vertical phase what I predicted in the other thread...