Tomorrow S&P takes out pre covid high?

Tomorrow S&P takes out pre covid high?

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17th historical high today on s$p

And after the fed changes their wording on how they view inflation the s$p will be touching historical highs week after week after week with absolutely zero pullbacks. Could go into hyper mode and catapult to 4000+ by end of 2020 early 2021...
Yes 4000. There is no stopping the biggest asset bubble the universe has ever witnessed.
The fed is the reason. Fed will be keep the rally in full bull mode for the next 3 or 4 decades.

This news alone could spike markets 3-4% within a week.


Powell set to deliver ‘profoundly consequential’ speech, changing how the Fed views inflation


Simply, it means that the Fed, which has pegged 2% as a healthy level, will let inflation run higher than that for a while if it has spent a considerable time beneath that level. The Fed’s preferred inflation gauge has stayed below that level for all but two years since the Great Recession ended in mid-2009.




https://www.cnbc.com/2020/08/24/pow...ech-changing-how-the-fed-views-inflation.html
 
17th historical high today on s$p

And after the fed changes their wording on how they view inflation the s$p will be touching historical highs week after week after week with absolutely zero pullbacks. Could go into hyper mode and catapult to 4000+ by end of 2020 early 2021...
Yes 4000. There is no stopping the biggest asset bubble the universe has ever witnessed.
The fed is the reason. Fed will be keep the rally in full bull mode for the next 3 or 4 decades.

This news alone could spike markets 3-4% within a week.


Powell set to deliver ‘profoundly consequential’ speech, changing how the Fed views inflation


Simply, it means that the Fed, which has pegged 2% as a healthy level, will let inflation run higher than that for a while if it has spent a considerable time beneath that level. The Fed’s preferred inflation gauge has stayed below that level for all but two years since the Great Recession ended in mid-2009.




https://www.cnbc.com/2020/08/24/pow...ech-changing-how-the-fed-views-inflation.html

I am just basically long TQQQ and i sold everything else. This thing went up 100x! Imagine if you did that in 2009 when you were bearish and said to sell! $100k would now be $10 million
 
I am just basically long TQQQ and i sold everything else. This thing went up 100x! Imagine if you did that in 2009 when you were bearish and said to sell! $100k would now be $10 million


Indeed


TQQQ toooooo infinity and beyond.

Its free money forever and ever and ever.

Nasdaq 15,000 by XMAS
 
Indeed


TQQQ toooooo infinity and beyond.

Its free money forever and ever and ever.

Nasdaq 15,000 by XMAS

I am not sure if it is 15k or 16k or whatever. It doesn't matter to me the chart. Just know the pnl will be up and I take whatever up I get.
 
I would buy that (sell) and scale in lower (higher) all day long.

Entering a trading range bottom (top)

3328 is a virtual certainty.

A huge breakout is highly unlikely.

I could be wrong. 20%


I was right again.

inverse.JPG
 
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