Valiacuse

Valiacuse Updated 

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...

Valiacuse Updated 

@YouCannotBeSerious @unicow We called it boys, we kings on this blessed day, enjoy the profits I certainly am 🍣 China's bubbleboy warnings scattered the bulls and prevented any real shot at a surge. Now that the momentum is pushing us down, we might as well cross 3850 and explore 37xx. That's what I feel will happen, we might go up to the 3890's then dive...

Valiacuse Updated 

I guess I am in the minority again this blessed afternoon. With everyone thinking we'll just keep going up past 3930 etc. The Index has moved up 2.3% folks, there isn't enough juice to get all the way to 3950. We'll drop a lil bit on the remaining part of the session. At this point the stimulus news is priced in and there isn't a whole lot to keep us rising. I...

Valiacuse Updated 

Today it was easy to predict the surge with all the market forces the way they are. However, we were on a downtrend before we boarded this rocket ship. Today we didn't retouch the open, nor did we manage to reach mid 37xx. Tomorrow I believe we will continue the downward trend of last week. There is ofcourse always the chance that we will make a detour to 3930 -...

Valiacuse Updated 

Most of you here seem to believe today will be a red day, I do disagree with that. It seems like an obvious long day. The downward momentum of last week failed to breach far below 3.8k. Besides that the stimulus has been passed, the US economy is finally running again, numbers are looking good. There is not really a reason for the markets to be end in the red on...