@derekquick1 @fundstrat chasers chase because they have to.
if shit goes parabolic, they are not allowed to sit on their hands.
that is the dangerous part of managing money
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wabababa
4.7K posts
Since Tom Lee @fundstrat Has been bullish this is how much the market has been up. The Goat has been right all along. Never bet against Tom or America on the 250th birthday. Mag 7 Capex and Rev is healthy and enough fuel to run to new highs.
unusual_whales@unusual_whales
Tom Lee stated that we will have “one of the best 18-24 month periods we have seen in our life”
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@derekquick1 @fundstrat we are going even more parabolic. straight to NDX 35000 in 2 months.
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@paxtrader777 i'm not selling until 7604.
pullbacks are banned until then
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6796-6594=202/2=101+6796=6,897+101=6,998+101=7,099+101=7,200+101=7,301
Simple!!
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@AnthonyCrudele we just need a few more mocking posts like this for the market to finally start going down.
when bulls get cocky....
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Traders that keep trying to short the S&P because Crude Oil is still above $100 😏
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@PharmD_KS i have to wonder why all the SPY put open interest is not doing shit to pull down the market.
like, even though there is a shitload of 700p open interest, I would at least expect SPY to ATTEMPT to head down to 710 at least.
totally fucking useless.
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Give it another watch this weekend. We’ve still seen nothing of the sort and thus far it sure has looked a lot like the other multi month breakouts.
Simply maintain long bias until we get something like the below
PharmD_KS@PharmD_KS
Threw together a relatively short video on what a top (swing high) would ideally look like, along with illustrating the risks of shorting a sustained multi-month breakout. Pre-requisite recommended reading would be the 5-part series in highlights tab
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@PharmD_KS no way. this is the new normal.
another 10% up from here. this month. guaranteed !
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💯
I said when we made a new ATH and same applies here. After a 10% correction anyone surprised that we made a new high is either newer to trading or extremely biased.
However, the speed with which it came has been historic. Anyone thinking it is normal is either newer to trading or extremely biased.
BobbyBags@bobbyb814
@PharmD_KS @NowOnNed Dalton said in all of his years trading he’s never seen anything like it
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Yesterday I posted this and not only Japan massively intervened in the FX market, but like clockwork the “Pakistani Source” resurfaces claiming all of a sudden Iran and the US might be close to reach a peace deal - among all ATH, we surely reached the ATH in markets stupidity
JustDario 🏊♂️@DarioCpx
You only need one last financial component to join the mix and then the most explosive trifecta chemical reaction will begin with so many unknown consequences and ripple effects throughout financial markets and the real economy
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@TradingThomas3 it's never coming down ever again.
better go long at open tomorrow
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@TrendSpider hopefully May or June gives most of it back.
lots of buyers missed this fake ass ponzi pump
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The S&P500 closes the month up 64.81 points (+9.91%) 🟢
Best monthly % gain since April 2020
First monthly gain of over 50 points ever
One of the most unforgettable months in market history. $SPY
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The war I think should escalate here in few weeks.
On one hand you have this 5 dollar gas nationally which is gonna break the consumer. On the other hand you have stocks pumped to all time highs.
Mistakenly they will assume bombing 💣 will solve this.
It will make it worst and stocks will collapse.
I don’t see a way out of this quagmire. I just do not . Stocks are priced to a perfection .
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Just to clarify this. I am not suggesting any precise levels nor am I suggesting this is bearish at all. 7200-7300 expecting some resistance for a mean reversion.
Mean reversion is healthy. If that happens we can figure out what's next.
Don't get too crazy with it. 🫡
Saty@satymahajan
Alright here's some pure $SPX speculation for fun.
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@Mayhem4Markets watch May go up another 20%.
people will be pulling their hair out
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This has been the best month for the stock market since 2020. 📈
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@RyanDetrick @dailychartbook everyone expects a 10% pullback in May.
IT'S NOT COMING.
NO PULLBACKS UNTIL SPX 8000
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Love reading @dailychartbook each day, but even more when I realize I'm in there ;)
28. SPX seasonality. "The S&P 500 has been up 12 of the past 13 Mays. The S&P 500 has been up 9 of the past 10 Junes. The S&P 500 has been up the past 11 Julys."
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Trump: "Anybody running for President or Vice President should be forced to take a Cognitive Examination prior to entering the Race! By doing so, we wouldn’t be surprised at people like Barack 'Hussein' Obama, or Sleepy Joe Biden, getting 'ELECTED.' Our Country would be a much better place! I took the Exam three times during my ('THREE!') Terms as President, and ACED IT ALL THREE TIMES — An Achievement that, even on a single Exam, according to the Doctors, has rarely been done before!
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