@samitrading, Few things
a) As long as we have increase in M2, stocks will go up.
on.wsj.com/2NqQFUJ b) The corrections will be mild till Net Interest Expense is really high, which requires very large portion of tax payers income to go to interests.
c) TGA has balance of more than trillion dollars. This is even more bullish.
d) Imagine all of the above, along with 1.9 trillion stimulus and infrastructure boom.
S&P will hit 10,000 before any meaningful correction.
samitrading
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@kishnara, Hey bud, Yep that's sums about everything, plus 20 million new accounts in 2020!!! and nice piece by the wsj.
Ms, no questions asked, is driving this market to unseen/untested territories. And i agree with you that when checks of the stimulus arrive
we could see #s that no one have ever seeing. The question is how long is this sustainable, when/where a catalyst will show up to come
down indicators and give more momentum to the market to go up like a rest area. Not getting that "rest area" is not good for the market, because
the correction/crash will be faster, bigger and deeper when the music stops. Not even Elliott wav functioning as it should be right now... LOL.
wish you all the best.
kishnara
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@samitrading, If Pandemic did not make the markets go down badly (Sharp correction for one month) and came back quickly, what else will make the markets go down? Unless, few countries file bankruptcy (Germany, UK etc.,), nothing else will bring the markets down ( Not more than 5%) for few years.
samitrading
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@kishnara, Hey bud, it is possible to have such scenario but with less probability . Just remember bud that it is healthier for the market
to get corrections 5 %-20 % every once and a while to get more momentum to go up. Eventually market on the longer terms goes up.
wish you all the best.
kishnara
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@samitrading, What is less probable, is normal now a days. Texas cold weather, working from home for more than a year etc., Blackswans are now norms.
samitrading
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@kishnara, Lol, true buddy this market is just becoming unanalyzable ;-) as things in our life keep changing and no one knows exactly where
are we heading. What used to be the norm as you mentioned, might be consider not applicable to our time.
kishnara
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@samitrading, I've stopped analyzing. I leave the analysis to people who have time. Fed and government will pump trillions. Rich are making trillions by simply investing in stocks. So, we can replicate them by simply investing in stocks too. Trying to find the top or worrying about crash is a waste of time. The market will not crash for the next few years.
samitrading
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@kishnara, LoL, you said " So, we can replicate them by simply investing in stocks too " that's the coolest thing I've heard this week buddy so true for millions of
a) As long as we have increase in M2, stocks will go up.
on.wsj.com/2NqQFUJ
b) The corrections will be mild till Net Interest Expense is really high, which requires very large portion of tax payers income to go to interests.
c) TGA has balance of more than trillion dollars. This is even more bullish.
d) Imagine all of the above, along with 1.9 trillion stimulus and infrastructure boom.
S&P will hit 10,000 before any meaningful correction.