After a few good weeks, last week was lazy....
Will the momentum continue?
- Thread starter trader1974
- Start date
You mean volatility? Not until something dramatic happens...
ES will probably visit 4530 this week early and if it hangs around, probably move higher though I hope for a swift rejection and drill to zero.
It's a mixed market where US indexes will likely be flat to moderately bullish all year after the correction Jan. 27th. The trick is to play trends in the commodity areas and buy quality US large caps on oversold conditions imo. I'd add buying banks lower range for more conservative plays. Certain specialty areas like car parts, lithium, copper, green energy, small caps have potential.
Folks, when the second-most bullish optimist on this site types that we will be flat to modestly higher through the end of year, bulls are screwed.
Man, I hate going long at ATH. It worked until it didn't. Psshhhawww
No "bulls" are not screwed. You have to buy the right areas of the market and make opportune buys of quality stocks. The permabears on this site have been spinning their wheels since late January and leaking Oil. There are guys on here insisting the SPX was going to crash every time it hit 4200-4300 and it's roughly 4500 now.
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