What's next?
NASDAQ 5000
I will go for 7000.. need some sanity, but Fed is unrelenting.. if Congress goes for one more stimulus Nasdaq at 13000 is not that far away ..🤣
A fire sale, I like it!
Nasdaq 10017
Market will probably go down from here and we'll rise rapidly when we really have a vaccine
10001
haha hedge funds go brrrrrrr
The real question is why does anybody care about these round numbers? They're ultimately meaningless. And the Dow is really meaningless because it arbitrarily weighs stocks with high price per share more than others. It's a completely useless index that only exists because the clueless media insists on breathless reporting about it. and using it as a fake barometer of the general stock market.
Nasdaq 9000
Damn, recession cancelled, tons of unemployed, protests and now this.
You want the markets to crash?
Markets need to price in risk .. else, the fall is not going to be fun..