My fellow kings 👑 , we yet again taste the sweet diabetic delight of profit.
This makes three days in a row, we still going strong boys.
Though for tomorrow I am putting the BBQ away.
I think we'll be up on an upward correction.
Over the last 90+ years the SPX has grown at an average of about 9% a year.
We started this year at an SPX of 3793, therefore we will end it at an SPX of 4135.
4135 - 3793 = 342 342/12 = 28,5 28,5*3 = 85,5 85,5 + 3793 = 3878.
So the price we should be at is 3878 ish. We are not because of market forces.
Those same market forces will soon make the index explode upwards.
I am not certain the downswing will end Thursday, though I am convinced Thursday will be green.
Friday is tricky to me and could go both ways, depending on tomorrows economic numbers.
Though i am convinced we'll end green tomorrow I can't rule out striking below 3800 before ^^^
Biden's Covid effort is going stronger than anticipated and the market has been sleeping on it.
The rates will balance out and NASDAQ will stabilized its outrageous valuations before long.
I can't state enough that with the current info I believe we're about to board a mega rocket later this month.
Anyway, whether you're short or long tomorrow, may your positions be as blessed as this beautiful day.
"President Biden said on Tuesday that a key milestone in the fight against COVID-19 could be reached two months faster than earlier projected.
By the end of May, there should be enough vaccine doses for every adult in America, he said — a dramatic improvement to his initial timetable for late July. "
www.bbc.com/news/wor...d-us-canada-56262687
This makes three days in a row, we still going strong boys.
Though for tomorrow I am putting the BBQ away.
I think we'll be up on an upward correction.
Over the last 90+ years the SPX has grown at an average of about 9% a year.
We started this year at an SPX of 3793, therefore we will end it at an SPX of 4135.
4135 - 3793 = 342 342/12 = 28,5 28,5*3 = 85,5 85,5 + 3793 = 3878.
So the price we should be at is 3878 ish. We are not because of market forces.
Those same market forces will soon make the index explode upwards.
I am not certain the downswing will end Thursday, though I am convinced Thursday will be green.
Friday is tricky to me and could go both ways, depending on tomorrows economic numbers.
Though i am convinced we'll end green tomorrow I can't rule out striking below 3800 before ^^^
Biden's Covid effort is going stronger than anticipated and the market has been sleeping on it.
The rates will balance out and NASDAQ will stabilized its outrageous valuations before long.
I can't state enough that with the current info I believe we're about to board a mega rocket later this month.
Anyway, whether you're short or long tomorrow, may your positions be as blessed as this beautiful day.
"President Biden said on Tuesday that a key milestone in the fight against COVID-19 could be reached two months faster than earlier projected.
By the end of May, there should be enough vaccine doses for every adult in America, he said — a dramatic improvement to his initial timetable for late July. "
www.bbc.com/news/wor...d-us-canada-56262687
Comment:
We just touched 3795, this might be enough to propel us and realize greenday.
