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The stock market will never go down


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#1 Chilidawgz

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    A fool and his money... (the second mousie gets the cheese)

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Posted 30 June 2020 - 11:34 AM

As long as the FED printing press goes brrrrrrrrrrrrrrrr (there is no end in sight), JPowell will always react to ANY meaningful decline. Interest rates are not going to rise. If they allowed rates to increase the accumulated debt will collapse the system. It's insane but it is what it is.

 

The top ten percent of the wealth holders in the USA must be protected, Everyone else can go pound sand.

 

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Anything can happen...what's happening now?
No one can forecast the future. No one.
 
All stocks (ETF's) are BAD...unless they go up - William O'Neil
When The Time Comes To Buy or Sell, You Won't Want To - Walter Deemer
 
 

#2 gannman

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Posted 30 June 2020 - 12:17 PM

i think it just topped chili


feeling mellow with the yellow metal


#3 Chilidawgz

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Posted 30 June 2020 - 01:09 PM

i think it just topped chili

Could always have a sharp 4-5% pullback. This is an election year and JPowell has his orders. Wait until election period for the real correction. Politics: The nation is divided and becoming a socialist government with non elected bureaucracies making policy. Gold and Miners are where I am and a pile of cash currently.


Anything can happen...what's happening now?
No one can forecast the future. No one.
 
All stocks (ETF's) are BAD...unless they go up - William O'Neil
When The Time Comes To Buy or Sell, You Won't Want To - Walter Deemer
 
 

#4 pdx5

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Posted 30 June 2020 - 01:47 PM

Never fight the FED. 


"Money cannot consistently be made trading every day or every week during the year." ~ Jesse Livermore Trading Rule

#5 K Wave

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Posted 30 June 2020 - 02:33 PM

Never fight the FED. 

Yep, once SPX held the hourly 900 and big yellow line after the open yesterday...bears were in trouble....


The strength of Government lies in the people's ignorance, and the Government knows this, and will therefore always oppose true enlightenment. - Leo Tolstoy

 

 


#6 Darris

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Posted 30 June 2020 - 02:36 PM

Probably a historical guide as to what the stock market might look like next year with a mildly inflationary backdrop.  

  JmzSYG.jpg



#7 Chilidawgz

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Posted 30 June 2020 - 03:07 PM

Stonks only go up. Buy some SPY calls :)


Anything can happen...what's happening now?
No one can forecast the future. No one.
 
All stocks (ETF's) are BAD...unless they go up - William O'Neil
When The Time Comes To Buy or Sell, You Won't Want To - Walter Deemer
 
 

#8 Darris

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Posted 30 June 2020 - 05:47 PM

Stocks go down, but, and big but now, Stocks can go down 20% for 3 months, or 36% in one month.  Other times they can go down 5-12% in a week or less.  Those are the new rules.

Just like this morning, RUT down, Breadth Down, Oil down, Dow down, NDX up some, and SPX just fights it off and turns everything green after the 1st hour or so.  Then the vaporization at the end of the day.  Poof.