[quote=slick][quote=NewMoney][quote=slick]NASDAQ at all time highs.S&P 500 has its biggest 50 day rally in history appreciating by 37.7%
Well as I expected the NASDAQ has hit new all time highs yesterday.Chances are high that the other broader indices ie S&P 500 and Dow Jones may join the party.Stocks rallied over the euphoria of US creating record 2.5 million jobs in May up from the disaster record 20.5 million jobs lost.Well as the lockdowns were getting eased it was obvious that some would return to work and thus the record job numbers.

S&P 500 has its biggest 50 day rally in history appreciating by 37.7%.Never underestimate and fight the Fed money printing pump job.In the very long term the Fed will lose but right now the Fed owns the market and if you cant beat the Fed,join it and ride the fake bubble pump

As the Nairobi bourse is languishing at its March lows,US stocks rallying to all time highs.Expect the pump job to continue for the short term though market is grossly overextended and a correction maybe imminent.Long term the market may drop precipitously as possible Covid-19 second wave plus mass bankruptcies sweep the United States.
I have kept saying this market will be going higher for the last few weeks due to the Fed pump and its been easy money going long especially the tech stocks.Riding this fake Fed pump bubble in the last few weeks has been AWESOME :-d :-d[/quote]
I think your predictions on the first world markets have all being wrong, we are seeing a v-shaped recovery after Corona happening like I predicted, tesla stock has proven to be stable and rising and not overvalued again like I said, and I made some good money after buying into an index in March that is now trading at twice my buying price and still going up...
Of course there will be a recession at some point but it is not because of money printing, it's just part of the usual economic cycle, real investors should not worry about that... it's like predicting that it will be dark later today.. of course it will and then it will be daytime again so nobody cares... I will make a lot of money in the next recession no matter how long it lasts
In summary, I think you have a very narrow minded view of the market, to you literally everything is about fed money printing and sharing one sided evidence of the same nitpicked to paint a very dark picture [/quote]
@NewMoney.Where have I been wrong??I was spot on on the March collapse of the markets and I made a ton of money shorting the market then.Also,I was right that the Fed will print trillions to bail out the market which they did and predicted stocks would rally which they have.True I never expected the market to rally this aggressively.Its been a V-shaped recovery of the market but not the economy.I have been net long since April and made tons of money on this.So I dont know why you claim I was wrong and produce evidence that I was wrong.
If you truly followed US markets like me then you would know Fed is the biggest player.I never Fed money printing controls 100% of the market but its by far the biggest factor driving markets.Fundamental and Technical Analysis still do play a role but they are subdued by Fed action.Markets still trade through technical levels and I use Technical Analysis alot.Yes I am very contrarian but I put appropriate links and screenshots from major new outlets like Bloomberg,CNBC,MarketWatch among others to prove my arguments.I never said the markets would completely collapse.I knew the Fed will bailout the market and went long appropriately once the Fed money printers started churning.Again just to prove that these markets are fake I repost the following screenshot.Not my words but that of Bank of America one of the 6 mega Wall Street banks

Tesla is overvalued by any metric out there.Even Musk admitted it to be so.There is a difference between a bull market and a bubble


It is you who is narrow minded to think US financial markets are fair and free.Its a rigged game and I mastered how to play the game.I have quadrupled my trading account since March due to my analysis so clearly I am doing something right.Frankly I dont care what you think
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Also @NewMoney in your opinion which factor has caused the market to rally so aggressively since April.I say its Fed money printing and I put screenshots and links to prove this.If you think there is another factor please share with appropriate links too as proof
Even Forbes Magazine knows its almost all about the Fed

CNBC too


Just to re-emphasize that Fundamentals count for little in US markets and its all about Fed money printing manipulation,BMO one of the largest banks,did a survey of its clients and an overwhelming majority believe the Fed money printing is the driver.US markets are heavily manipulated especially by central banks;it sucks but thats the reality so any V-shaped recovery is fake and I just trade what I see.I go long despite knowing its all a joke.To believe there is a free market and no manipulation is naive

Contrarian Investor and Trader.Advocate of free markets,limited government interference in the economy and sound money