Where's the top?

[murray t turtle]

Thx re note on GUSH, reminded me to buy a bit of it's inverse DRIP just now afterhours, I'd forgotten about those... like SCO it looks oversold but who knows...

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I MAKE sure to trade stuff like that smaller\because while i like XLE sector, they tend to be underperformers [except this year/LOL]. The oil/gas business is a fun read, made more with TQQQ,QQQ,QLD,sqqq,tecs............ Cut a partial loss on sqqq today\with low or no comissions it pays me to get out + maybe get back in late today of FRI??
Strange but as of JAN 4th open to todays open/ QQQ was up;
QLD = negative;
TQQQ even more negative %, year to date/MAR 11,2021 .CUT a loss on SDS also,which was about[- 10]; +0 .3% gain on SPLV. SPLV doesnt move as much anyway, good bottom finder,this week anyway..................................................................................................NOT a prediction+ seldom buy underperformers like splv/LOL,

 

[Buy1Sell2]

At the trajectory the Dow has been moving, it should be at 50,000 in 2021!!!! At least a 50% increase for 2021 coming. Freeeeeeeee money galore!!!!!!

Won't the money be worthless at some point?

 

[S2007S]

Won't the money be worthless at some point?

Yea but it doesn't matter. Stocks only go up and there is no such thing as inflation

 

[murray t turtle]

Won't the money be worthless at some point?

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Could but most likely WOULD not. WHY?? Because bit con is a con,peso looks cool but not as liquid.
Most of the world wants US dollars/besides sliver /gold , copper/nickel are easy to exchange for Fed reserve notes ,stocks,ETfs,or vice versa...................................................................................................Good question.

 

[Buy1Sell2]

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Could but most likely WOULD not. WHY?? Because bit con is a con,peso looks cool but not as liquid.
Most of the world wants US dollars/besides sliver /gold , copper/nickel are easy to exchange for Fed reserve notes ,stocks,ETfs,or vice versa...................................................................................................Good question.

What do you think-----is the top in now?

 

[murray t turtle]

What do you think-----is the top in now?

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WELL ,SPXL,upro, sure put in a weekly top/LOL But strong FEB ,MAR, uptrends,so far\about 5 hours until market close.
QQQ , took out the monthly low/but looks good on weekly charts.
[Dont know if this affects market?? But Dr/Senator Paul rebuked fake Faucci again, on wearing 2 masks;'' you are making policy on theater?,??? ''LOL] Good question.

 

[Nine_Ender]

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WELL ,SPXL,upro, sure put in a weekly top/LOL But strong FEB ,MAR, uptrends,so far\about 5 hours until market close.
QQQ , took out the monthly low/but looks good on weekly charts.
[Dont know if this affects market?? But Dr/Senator Paul rebuked fake Faucci again, on wearing 2 masks;'' you are making policy on theater?,??? ''LOL] Good question.

I suspect everything that occurred Thursday afternoon will reappear on Monday morning. Option expiry today is an issue but I'm seeing a slow creep up on Gold, Silver, Copper and Oil bounced back a little. Anyone without any metal exposure might look for any bargains at the close imo.

 

[murray t turtle]

I suspect everything that occurred Thursday afternoon will reappear on Monday morning. Option expiry today is an issue but I'm seeing a slow creep up on Gold, Silver, Copper and Oil bounced back a little. Anyone without any metal exposure might look for any bargains at the close imo.

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Actually, buy monday[because its down\LOL] tends to be a stock index/ETF money maker over time. OF course we've seen SPY,QQQ/QLD .....gap up/close up 4 mondays in a row, also.
I took a profit today on tech 3X l inverse etf.
XME [metals + mining ] is still making a good uptrend/not in that right now..................