Do you really think Joe B. is in control? He wasn't sworn in, it was just a show. He can't get into the White House, Harris can't get into the VP residence. They can't fly on AF1. They have some cheap knock off. They can't set foot on any military base. They have no nuclear weapon codes. Their willing accomplices in the press portray them as Pres and VP but it is entirely meaningless. The sheeple are not ready to know it yet but they will be dragged kicking and screaming to reality eventually.
Opening of moves for markets following change of party in the White House are, on average and most often, up for a month or two post election night, but that marks the TOP for the next 12 to 18 months. So markets doing well past couple of months is exactly inline with that expectation.
More interesting to me, is the S&P500 hit Tom DeMark's 3907 target for the S&P500, and a ton of big money follows this guy, who often calls big turns to the tick. Last time I heard, he expects SP a severe correction following hitting 3907. What he sees in the really long term is impossible to know, as his primary work is nailing exhaustion moves post big rallies and sell-offs, with current stance clearly the former.
with over 81% of companies reporting, the average beat has been over 15% which is outstanding to say the least. this, during a time without the vaccine being administered. the us economy is in the very very early stages of recovery. profits are on pace to exceed pre pandemic levels and will only get better throughout 2021 and well into 2022. there is really no reason to sell stocks at this point if you have a 2 yr time horizon
february has been very telling—-historically one of the worst months of the year for stocks and the s&p up almost 6%, naz up almost 8% and rus 2300 is up a whopping 11%
the next crash may be the s&p crashing though 4000 lol
would love to see a 2-3% pullback before the next round of stimmys go out
port of long beach saw a record jump of 21% in yoy volume —highest yoy on record. right in line with my jan 7th post. many more records to be set (besides higher stock prices)
we’ll just have to wait to see if s&p 3907 is the new naz 6850 sept 2017 final high or not lol
13 comments:
We need to kick this off with a bearish engulfing daily candle, and then we're on autopilot until Father's Day.
Prez Trump of what?
Hi John,
Do you really think Joe B. is in control? He wasn't sworn in, it was just a show. He can't get into the White House, Harris can't get into the VP residence. They can't fly on AF1. They have some cheap knock off. They can't set foot on any military base. They have no nuclear weapon codes. Their willing accomplices in the press portray them as Pres and VP but it is entirely meaningless. The sheeple are not ready to know it yet but they will be dragged kicking and screaming to reality eventually.
I must say that any politician without power, especially Trump, would be a blessing!
3908
but trumpybear said the mkt would crash is sleepy joe won. 20+ new all time highs since election day. lol.
s&p +18%
dow +16%
nas + 27%
rus 2200 + 45%
wall st seems quite happy with the new admin
Opening of moves for markets following change of party in the White House are, on average and most often, up for a month or two post election night, but that marks the TOP for the next 12 to 18 months. So markets doing well past couple of months is exactly inline with that expectation.
More interesting to me, is the S&P500 hit Tom DeMark's 3907 target for the S&P500, and a ton of big money follows this guy, who often calls big turns to the tick. Last time I heard, he expects SP a severe correction following hitting 3907. What he sees in the really long term is impossible to know, as his primary work is nailing exhaustion moves post big rallies and sell-offs, with current stance clearly the former.
with over 81% of companies reporting, the average beat has been over 15% which is outstanding to say the least. this, during a time without the vaccine being administered. the us economy is in the very very early stages of recovery. profits are on pace to exceed pre pandemic levels and will only get better throughout 2021 and well into 2022. there is really no reason to sell stocks at this point if you have a 2 yr time horizon
february has been very telling—-historically one of the worst months of the year for stocks and the s&p up almost 6%, naz up almost 8% and rus 2300 is up a whopping 11%
the next crash may be the s&p crashing though 4000 lol
would love to see a 2-3% pullback before the next round of stimmys go out
Get your vaccine Dingleberry. Get one of each
port of long beach saw a record jump of 21% in yoy volume —highest yoy on record. right in line with my jan 7th post. many more records to be set (besides higher stock prices)
we’ll just have to wait to see if s&p 3907 is the new naz 6850 sept 2017 final high or not lol
1.27% 10 year.
Lets get to 3% on that and see what risk assets do.
a mere 1% till 4k
on track for best feb ever mtd
s&p +6.5%
naz +8.3
dow +5.5
rus 2300 +11
at annualized rate my year targets will hit by easter. not counting on that happening as we should see a good 2-4% pullback at some point
2-4% Pullback? No way dingle. They aren't making moar Tesla. Just keep buying.
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