carlos5577
Long

Fundementals, The Election, The Fed, Bonds and the Prophecy

SPCFD:SPX   S&P 500 Index
So Everyone is bearish and for good reason; Unemployment and fundamentals loom over this market but everyone forgets the Bond market and the FED who are pushed by the republicans and Donald Trump, above anyone else, to push the stock market higher. They are pushing the bond guys to buy this market and are printing all the cash necessary to keep it going (stimulus checks and loans). There is also that Simpson's prophesy looming in the background about how DT is going to bankrupt the US which may actually play out. So what if this is how it happens because what's the alternative, the stock market does what the least likely is going to happen and right now it either goes sideways forever or it goes up. Going down with all this cash floating around seems unlikely but it can happen and many bears have tried believe me. So I see a stock market bubble forming, at least for a short period of time. I do see another crash but only after things actually look grim again like a second big wave in November but right now it is fated to keep going up because of these factors in play.

PS: Maybe this is the Top.

Comments

That is not how stock trend channels work. That's purely wishful thinking. Wishful thinking doesn't drive stock prices (at least not for very long).

Fundamentally the US economy and global economy is looking considerably more grim than in 2008. More grim than the Great Recession isn't good enough for you? You want to wait till it's MORE grim!?

Institutional investors are already out, government is tapped (what they did barely made a dent), Fed is tapped (what they did kept the market afloat an extra month) and now is fully supported on the backs of FOMO retail investors whose money will evaporate the second it falls past a certain level. Then programmatic selling will put some serious distance very quickly between the FOMOs from their money and then at the next bottom, maybe 16000 in the Dow. All institutional investors will buy up everything at massive discount while retail is broke as a joke and needs years just to get back to even.

It's all part of the plan and everyone sees it except people who invest their money based on wishful thinking.

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Market is making a fool out of the shorts, when everyone is going long, it will pull the rugs out. That is how they make money, to trap as many short as well as the longs. The market is not generating anything on its own. it is a pyramid scheme at its best.
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lio maple80
@maple80, thanks for the anakysis. Is there a way to view how many shorts vs. long in the market?
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