Daily S&P 500 INDEX TRACKER

[winner69]

Ben talks and the markets love it ....another record high coming up

QE done little to stimulate the economy but the financial world just loves this liquidity - trading amongst themselves that is. Not much gets down to the productive businesses .....economy stutters along while asset prices increase at a great rate.

Sustainable?

[winner69]

Hoops mates a Crestmont say for this secular bear market to end the s&p should be 700 now or about what it is now in 4 to 5 years.

Ben can't stop that

[MAC]

You guys can be so often full of doom and gloom, just sit back and enjoy the ride.

This guy has it spot on, ..................... http://www.cnbc.com/id/100879942

[Hoop]

Hoops mates a Crestmont say for this secular bear market to end the s&p should be 700 now or about what it is now in 4 to 5 years.

Ben can't stop that

Shhhh..don't give our Uncle Ben any ideas.

Looking for the double top ...

Hmmmm.....me too.. but I can't identify whether its a media fed emotional feeling or an instinctive gut feeling...

...So lets rely on the day by day charts....
ATM, Cyclically its full steam ahead. The old bull is responding very well to another dose of Uncle Ben's viagra .. so its onwards and upwards again , 70% chance of reaching at least 1700, ....When it comes to bullish behaviour, the breaking of a primary resistance has to be classed as one of the biggies....

...On a secular front however, the S&P500 is a bug in search of a windshield.

[winner69]

You guys can be so often full of doom and gloom, just sit back and enjoy the ride.

This guy has it spot on, ..................... http://www.cnbc.com/id/100879942

No not full of doom and gloom mac

Being aware of where all this might end up is important .....we must make the most of this madness ....make as mauch as we can out of it ..... but make sure we keep most of the gains if and when it all turns to custard


Its all up up and away .... but keep a close eye on those charts

[peat]

...On a secular front however, the S&P500 is a bug in search of a windshield.

Hey Hoop
you construct a rational case and then undermine it with an emotive comment.

[Hoop]

You guys can be so often full of doom and gloom, just sit back and enjoy the ride.

This guy has it spot on, ..................... http://www.cnbc.com/id/100879942

Advising or advertising ???................Confucius says.."beware of man in smart suit giving free advice".

Mac..Timing is everything ....if only you posted this back in 2009....but hey, that character on CNBC.. would be "advising" for you to buy bonds then ... eh??

[Hoop]

Hey Hoop
you construct a rational case and then undermine it with an emotive comment.

"...On a secular front however, the S&P500 is a bug in search of a windshield."

Ummm...emotive??? ...Sorry I don't follow....but I will plead guilty to using colourful terminology

[peat]

I just don't see any reasoning behind the bug/windshield comment,
you've said that "the breaking of a primary resistance has to be classed as one of the biggies" so why negate that.
Is it because your bullish statements are shorter term than your comment regarding secular front +bug/windshield.

I've always struggled a bit with the word secular which you use a lot in your postings. To me its always meant 'not religiously affiliated' as in our education system is secular, but only recently I realised it would appear the word can have the meaning of long term. So you're saying short term bullish but long term splat ??

[omad]

Advising or advertising ???................Confucius says.."beware of man in smart suit giving free advice".

Mac..Timing is everything ....if only you posted this back in 2009....but hey, that character on CNBC.. would be "advising" for you to buy bonds then ... eh??

Man in smart suit says – "Over time, the market should be rising in line with growing corporate profits, he said, and predicted that the S&P 500 could hit 1750 by year-end."

Market pricing says there is approximately 30% probability of the S&P 500 being at 1750 by Dec 31. So that's 70% probability that it won't. Which side of that bet do you want?