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Replies to #44679 on lowtrade

Swimmingly

05/07/15 12:28 PM

#44680 RE: lowtrade #44679

SP 2080 is holding for now. Looks like the next target is around 2150?

Nebuchadnezzar

05/07/15 7:10 PM

#44682 RE: lowtrade #44679

MARKET TOP? MORE AND MORE IT LOOKS LIKE THE MARKET IS EXHUASTED AND TOPPING OUT. IMO OF COURSE. 6 year bull run due to mainly QE cause for concern.



just look at this flat-lining. investors cannot expected huge returns going forward in over market based on last 6 years. individual stock picking will be best bet.



trading horizontally now for over 7 months and lower energy prices are not actually attributing to much consumer spending. strong dollar is going to get stronger and no way market will continue to rise if fed raises rates. no way. overvalued as it is IMO.

this monthly chart just screams BUBBLE


S&P 500




share buybacks instead of CAPEX spending puts less money back into economy. layoffs help bottom lines and stock appreciation.

now VXZ is an ETN which has decay but if market is topping out which I think it is, this should be back above 13 soon enough unless fed just keeps kicking can down the road.


hope all is well but the markets need a reality check