This bull market is getting expensive, by historical norms.
Only a few stocks holding up the averages, PCLN, AMZN, AAPL, and a few others.
The P/E ratios AMZN is astronomical. PCLN and AAPL are reasonable.
No real bubbles. Not yet. Unless you consider debt a bubble.
Money continues to flow into stocks, from all over the world.
Most of that money ends up on Wall Street.
Not Japan, not China, not Mexico - THE USA.
Trillions of dollars in savings and money market accounts.
Many investors are still spooked from 1987 2000 and 2009.
Not until the sideline cash is invested, will there be any chance of a real bear market.
Little 10% corrections will come and go.
UVXY will provide a good fast return, if you can time the next correction correctly.
Key word is correct timing.
delta said - He lives in a trailer. And he can't afford my mortgage? But, he have tens of thousands to lose on tvix. And all his gains are just paper trades? Do you even think about how stupid you sound?
actually that sums up the "Paper Trader Extraordinaire"
how else should Nyner describe your paranoid nonsense ?
delta will not answer your question.
delta will say, he never posted that comment.
You have been here long enough to know, delta's lack of honesty.
Nyner my friend........take it easy on delta, he is having a bad day.
Stocks should have crashed, but instead they rallied.
Tomorrow would be a better day to rip him a new %#&$^%#hole.
Puerto Rico's GDP is smaller than many U.S. cities.
Might be the reason, markets ignore Puerto Rico's default, and rallies today.
Opps - today is not a rally according to delta, just a dead cat bounce.
Break way gap
measuring a gap
gap up - gap down
Interesting voodoo analysis, but not very accurate during a highly manipulated market .
Yes,technicals are important.
Especially in terms of participation, how many stocks are rising or falling.
levels of margin, manias, parabolic rise in the chart.
Little gaps happen all of the time. Do they have any real meaning ?
The Fed Put is still in place...................a back stop to a major decline.
Without the Fed's Put, bears would have their way, long ago.
why are all your ideas are extremes. ?????
Guts. so nice of you to converse with me.
Yes I should take a chill pill.......running low on my medications.
Sadly I can not break away from the historic and massive manipulation by the Fed and Central Banks.
This bull market has moved far and fast over the past several years.
Was hoping to get a little education on profiting from the bullish action.
Nyner and AAPL did their best to help me.
You did great.... in giving me the idea to buy FCX and CDE.
Sadly I sold FCX when it hit $10.....a double, but still sold too soon due my bearishness,
Yes I am also a bear, knowing when/ if rates are normalized, the system will fall down........Thus there will not a normalization, for a very long time IMO.
There is always a reversion back to the mean.
Some reversions take a very long time.
The Fed is not going to walk away, not as long as they hold the Worlds Reserve Currency and a military to defend it.
useful post is not a bad thing either. try it some time.
A useful post like-
gold to $800
oil to $15
s/p to 400
no support, stocks to fall fast
bulls to get crushed
greece to default
anyone long stocks is a moron
Are those the useful postings you admire ?
A 10% correction is not a bad thing.
Trillions of dollars in savings and money markets...........
Maybe a little discount in stocks will motivate the scared and fearful to buy stocks.
Do the markets care ?
Will this cause a 10% correction ?
s/p 2071 to s/p 1900.................oh my
yeah a 10% correction is over due again....................but when ?
Summer Fall or early 2017.
good morning delta - nice to see you following the markets
Do not worry - this is just a dead cat bounce.......
Last week was just the start of a massive decline ( never use the word crash)
Puerto Rico default contagion.
Italian and Greek defaults
Just a matter of time, until you are the Crash King.
If you live that long to see the day..............remember, the Fed is not going to stop the manipulation.
joetong - thank you for responding to my post.
Wish I could help with specific price targets and dates for SDS.
Sadly my Crystal Ball, never worked.
But as for SDS.........
1 - The price is always a slow decay,.
2 - Impossible to time the next decline or correction, due to manipulation by the Fed
3 - If SDS ever became profitable in a big crash -
.....those on the wrong side of the trade will go broke, and not be able to pay.
Pumpin the bullish case, after a long run higher...........
Yes the market has moved higher, a lot higher.
A correction is a high probability, as seen in the weakness of this week.
Without further stimulus from Central Banks, Fed, ECB...........stocks will correct within the trading range.
Stimulus will come.......just a question of when. Maybe a 5% correction will be the motivation ?
Being too bullish is not wise. Using margin is dangerous.
Not selling when a mistake is made is a disaster - like Enron.
That said - many oil companies are beaten down, due for a large run higher. RIG is one of many.
Gold and Silver still has room on the upside....Mining stocks should be profitable from here.
Rates are not going higher, not in the near term. No rate hike in June.
Negative rates are a higher probability than any rate cut.
Warren Buffett made his fortune being long good undervalued stocks.
Buffett did not sell during bear markets, he added to positions during bear markets.
Being bearish is not profitable..........being a permabear is stupid.