Before dot com collapsed in March 2000 Nasdaq had a crazy run. Don’t you think we need some blow off top if history were to repeat?
In general, wave five (a peak) completes as a blowoff top, but sometimes it just whimpers… obvious momentum slowing down but keep grinding up and up until one day decides to just drop like a rock. I can post some examples after market close.
Did you notice PLTR went up based on
I notice Cathie bought PLTR but didn’t bother to chase. Can’t chase her all the time
Recovery stocks are doing well e.g. CAT, DE, …
I am not comfortable with current market, potential chance to drop heavily on Monday (guess work), I released 50% cash position to buy at possible future bottom !
Both S&P and Nasdaq are struggling to keep up.
Overall, retail sales were up 3.4% in 2020. Who’d have guessed they were higher given all the doom and gloom headlines?
Monday probably open weak and then strong rally.
Just guess, not EW, not TA, not FA, just a WAG. Just a wish.
Anything possible Monday. I am fully skeptical which way it can go.
In another guess, I feel it will touch qqq to $320 ! It may be final correction !
Unfortunately, they target TSLA and AAPL!
3.4% very less consider the size of stiumulus. and every one purchase extra furniture and tech working from home.
Just stop. Debunking all you’re useless info isn’t even interesting anymore.
Any permanent bears here turn bullish?