Volume has been light.
Day traders are absent. No visible mania.
Markets are closer to the highs, but does not appear to be over bought.
The economy is not dead, but lacks the luster of previous decades.
The go go - 80's 90's and housing boom is gone.
Even still, life moves forward. People travel, buy new cars, housing - life is not dead.
Debt is a problem - but with low rates and printing, the can gets kicked down the road.
How long can this last ?
Will a few 1% down days, bring bears out of hibernation ?
warren buffet - long and strong through both bull and bear markets.
one of the wealthiest men on the planet.
delta you are right - do not buy stocks - instead, earn less than 1% in the bank.
Or better yet, buy uvxy that does down 50% in a few months.
Maybe go to a casino, and bet on red or black.
It is complicated. With zero rates, no place to park your money.
What to do with my $300 pay check is a problem.
. soon enough the fed will be a non-factor.
Soon enough ? What is soon, a week, a month, a decade ?
The Fed has more money than anyone in the world. Plus the ability to print.
Plus the World's Reserve Currency. The ability to print endlessly
Anyone that doesn't understand that will never understand why stocks ALWAYS fall.
Pls explain that to Warren Buffet who seldom ever sells. Buying the right stocks, and never selling has made him one of the wealthiest men in the world.
The Fed will not raise rates. Last Dec was a small trial balloon .
Can not. Will not.
Yes the markets are fragile. Very fragile.
Even still - the Fed has a big tool box,
Simple jaw boning is also effective.
Included in that tool box is QE4
QE4 will come eventually.
When ? Probably during the next recession.
QE4 will send stocks higher if needed.
No key reversal today.
Looked like a good possibility, but no. Day to day squiggles nearly impossible to time.
Markets should test old highs, or come close. Maybe even exceed old highs.
Gurus always try to guess the market direction. Harry Dent is funny.
Harry Dent and other permabears, will be remembered for their correct top call, and none of calls that never materialized in a timely fashion.
Warren Buffet seldom sells, and as a result, one of the wealthiest men on the planet.
I know you troll a lot
Yes I am a troll.
It is good you are not trying to catch the top......too soon.
Profits can be made, scalping small moves, up or down. Takes a lot of time, watching markets.
Scalping requires a lot of time, and is difficult during manipulated markets, like this one.
Your comments on oil is interesting. Buying after 50% loss, and it continues to fall.
What is cheap, can get cheaper. What is expensive, can get more expensive.
What is irrational, can become even more irrational, before the trend changes.
Overly simplistic, but it is the best I can do in a few sentences.
When the news was predicting oil to $15........that marked the bottom at $25. Classic.
I also agree, a failed gap higher, will not be the real top.
Best of luck scalping this move.
Trading volume is too light for a meaningful top
Churning will have to increase significantly prior to the next real top.
Fear will have to increase - the feeling of, get me out at any price.......
A bear market is normal
A bear market will arrive - but at time AFTER the last sucker has purchased.
How can this be a blow off top ?
valuations are not at extreme levels. p/e ratios are not at an extreme.
debt is at an extreme level, and will go a lot higher, IMO
s/p 500 in the year 2000 - 1550
s/p 500 in the year 2015 - 2100
a 30% gain in 16 years.........2% per year. is not extreme.
If you factor in INFLATION..........it is almost a zero gain in 16 years.
Its is debt, that will be a problem. Yes when the bond market goes, stocks will also fall hard.
But the timing is dependent on the Fed. And the Fed will not tell you, when the top is in.
A few insiders, Goldman will know, but they will not share the info
The Fed will try, attempt to slowly let the air, out of the debt bubble.
When the time comes...........
Not an easy task. Impossible in my opinion.
The End is Near.
The end is always near.
On a long enough time frame, we are all dead
Bulls to get slaughtered
Life goes on, it does. New opportunities arise.
Who will inherit the earth. ISIS using evil, or someone who actually makes something ?
ZeroHedge is a fun read, but it is not reality Its paranoia.
Bull markets happen, Bear markets happen.
Being long and strong at the wrong time will be a disaster.
When will the top be in ?
Is this a Blow Off Top ?
Bull markets do not last forever............is 7 years forever ?
With ultra low rates, money flows into stocks........not bonds.
my 1 and only top call was made last feb
Your 1 and only top call........
Who are you trying to fool ? Only 1 top call. Funny
Let's mark this top call.
29MARWed 1PM ET
S&P at 2044
randorn - Is that your TOP CALL ?
Or did Delta make another "Top is In" call.
I'm confused again.
Nyner was buying F at $9 and $10. Also recommend BAC at $4 and $5.
delta - no need to get angry.
You have already made a zillion top calls.
Someday, after several years, you will be right.
Although your timing, not so much.
If this bothers you,
feel free to use the ignore button, works good, lasts a long time.
always wrong anyways according to buzz..
unable to be truthful ? Told you, you did excellent on the fall in commodities, oil and gold.
Stock market, S/P and Dow, not so great on your top calls. (for the past 6 years)
No one is perfect.