Where's the top?

[KCalhoun]

It's all a house of cards making no sense given pandemic, valuations, unemployment etc.... but we've got to play the cards we're dealt. Fed propping up markets can't go on forever

 

[zghorner]

If a worldwide pandemic cannot stop wallstreet..... absolutely nothing can. This past year was the most proof we have ever witnessed out of any time in our history of man kind that proves no matter how great of a gigantic economic impact the world can witness nothing can stop equities from rising.

you are preaching to the choir man...i was one of those gay bears last spring that were balls deep in puts mouth watering for unemployment numbers...record breaking horrible numbers were released and market gaps up so hard my butthole fell off. learned a hard lesson through all of that to trade with my eyes and not my mind (logic, expectation, etc...).

 

[easymon1]

Pandemic did stop Wall Street, but 10 plus trillion is no small change to fix the “problem”.

that amortization table gotta be UglY.

 

[maxinger]

The top is going moving.

Look at Dax.
the top is getting higher and higher.

 

[notagain]

NQ 13,000...13300.....13700
Massive support for QQQ

 

[S2007S]

NQ 13,000...13300.....13700
Massive support for QQQ

Yesb15000+ by April. Shoild be 20k by Christmas eve!!!!

 

[HeSaidSheSaid]

SL002S - the FED only bought bond ETF's in the article that you posted. Technically, it wasn't really a surprise. bond market has been their play ground. Probably, at some point in the future, they might tiptoe in the equity ETF markets. bailing out small money like those stimulus checks and payroll tax cut is the new theme and strategy for the FED (versus the top-down big money bailouts in the past).

 

[fan27]

No top...spy only go one direction. A fucking comet could be days away from impacting earth wiping out 80% of all life and SP would gap up.

Hostile aliens could land a fucking space ship on top of the whitehouse and SP would reach ATH the next day.

bull has morphed into honey badger and honey badger don’t give a shit...it just keep on moving forward no matter what.

LOL! Nice summary, but eventually the piper must be paid...even for the honey badger.

 

[Buy1Sell2]

Anybody think that the top will be in before 4000 cash?

 

[Nine_Ender]

SL002S - the FED only bought bond ETF's in the article that you posted. Technically, it wasn't really a surprise. bond market has been their play ground. Probably, at some point in the future, they might tiptoe in the equity ETF markets. bailing out small money like those stimulus checks and payroll tax cut is the new theme and strategy for the FED (versus the top-down big money bailouts in the past).

No, most of the talk about the Fed on here is pure bs they'll never buy equities and they don't care about stock markets other then to prevent huge systematic shocks to them. S2007S and others don't understand corporate valuations at all and are forever trying to put a market wide P/E of 3 to 5 ( not that they are even aware that they are doing so ).