The real economy will never recover now. Stocks are all we have.
They've been working so hard on creating this bubble, why would they pop it? Makes no sense. We're talking SPX 2500 in 12 months and XIV $100.
There's your 1960s. Didn't take long. I'm looking for 2150 end of year and 2500 next year.
I've been mocked for my bullish calls before, but in all seriousness there is really no reason not to buy stocks. The Fed will never raise rates- never. It simply cannot be done. Therefore you need to own stocks, there's nothing else to do with your money.
Next week we get very, very dovish Fed talk and go back over 200. We go to 250 in 12 months. You can profit from this or be destroyed trying to fight the greatest equity bubble of all time.
You think it was an accident they trotted out one of the hawks to pump this back up? 2500 real soon on S&P.
Tells you some people are positioning just in case the Fed does something to #$%$ the equity bubble next week. When it doesn't happen the drop in VXX will be shocking.
Sure Lionel, I missed HSGFX closing NAV by a whopping 2 cents. Do you hold this garbage in addition to CALL? As I told you on the CALL board, that company is an outright scam, the product is #$%$ and they will be bankrupt soon, but not before management extracts all that cash you're so proud of.
I think market bears will be disappointed on that front. Fed is behind this bubble in stocks, why would they pop it?
He is going down big time today. Have to think the market goes to new highs soon, maybe 2150 by January and this fund will be way under 9.