40 replies to this topic

[da_cheif]

Well, my SPX 5800 target looks conservative as this famous author and analyst even sees 'Outright Melt-Up’ in Stocks:

https://finance.yaho...-171553281.html

no kidding ....i mean somebody is watching the sky???? ..    yawn    so it was written   "famous author and analyst even sees 'Outright Melt-Up’ in Stocks:"    who???

[slupert]

Mot sure for how long but it could hit 5900. I dont think it will last.jmho

[slupert]

That's by eoy,pullback should happen first. Maybe starting tomorrow if 2.7 is the number. Next Fiday they are looking for only 70k jobs,even month that number is revised down about 60k lol.. so they better come out with a whopper. Jmho

Edited by slupert, 26 September 2024 - 05:08 AM.

[redfoliage2]

Today's economic data indicate U.S. economy staying on course for soft landing, a relief from recession fears.  Next upside target SPX 5800 on track........................

Edited by redfoliage2, 26 September 2024 - 10:11 AM.

[qqqqtrdr]

I think we are in store for another bull run.

 

Commodity prices increasing ( outside of energy )

M2 money supply has been increasing over the last three months

OEX put call ratio has been Bullish < 1.00 over the last few trading sessions

 

See us flat or slightly down next week ( New Moon, strike )

 

Then off to the races the week after.

[redfoliage2]

BTW, tomorrow's PCE going to be as benign as the Fed would like to see ...................................

Edited by redfoliage2, 26 September 2024 - 11:12 AM.

[12SPX]

I think we are in store for another bull run.

 

Commodity prices increasing ( outside of energy )

M2 money supply has been increasing over the last three months

OEX put call ratio has been Bullish < 1.00 over the last few trading sessions

 

See us flat or slightly down next week ( New Moon, strike )

 

Then off to the races the week after.

I've seen put/call ratio super bullish at 46 last few days and call options are insanely priced and then the chief made a comment on here, so likely closer to a top, he always comments at tops lol!! 

[redfoliage2]

 

I think we are in store for another bull run.

 

Commodity prices increasing ( outside of energy )

M2 money supply has been increasing over the last three months

OEX put call ratio has been Bullish < 1.00 over the last few trading sessions

 

See us flat or slightly down next week ( New Moon, strike )

 

Then off to the races the week after.

I've seen put/call ratio super bullish at 46 last few days and call options are insanely priced and then the chief made a comment on here, so likely closer to a top, he always comments at tops lol!! 

 

You are snapping up here again repeating what you said here yesterday afternoon just before the market starting going up big - a perfect contrarian indicator   .......................

Edited by redfoliage2, 26 September 2024 - 12:21 PM.

[12SPX]

hmmmmmm you realize your market had turned red not 2 hours after it popped up and me and d and I have "posted" live trades with full profits whereas your all talk about the market,,, never placing trades and flip like the wind, surprised you haven't said anything about it now pulling back lol!!.

[12SPX]

When we make calls we actually put our trade in to go along with our opinion instead of living on hopes and dreams, oh and note I'm long the ndx after it turned red lol!!