SMC Update 3-20-24
Watch this update
Get every Market Commentary update with a Market Commentary or Bundle membership.
View membership plans →
Get every Market Commentary update with a Market Commentary or Bundle membership.
View membership plans →
Comments (7)
We welcome all comments related to market timing. We do not welcome political and insulting comments, however, and comments of a political nature belong elsewhere and could lead to removal and blocking the originator of such political comments.
You cannot post comments.
Sign up for Market Commentary or Bundle membership, or log in if you are already a member.
This is from a very popular Twitter guy JC Parets “It’s ok to be wrong. But staying wrong and being relentless about staying wrong for an entire cycle is stupid. And not only is it stupid, but it’s expensive as hell too. That’s no way to go through life” Being out of markets for the fear of decline AND shorting every advance waiting for decline has cost me 10x the money I would maybe lose if I sold the market AS IT ACTUALLY STARTED TO GO DOWN. I haven’t watched this video
I’m at a loss for words for all the downside projections and “market topping “ for 16 months calls/predictions/VIX/ ratios. Maybe Peter is apologizing ? Turning bullish ?
If trading based on comments from the Fed chair is “absolutely useless,” then what do you call trading based on a service that has been CONSISTENTLY on the wrong side of the market, trying and failing to pick tops for years? That’s worse than useless; it’s flat-out harmful.
I have not watched the video yet
BUT here are projections ALL GREEN TO THE UPSIDE SHORT AND LONGER TERM
He never talks about weekly so ILL show it here
100/110 20000 on THE NQ
AND LOTS OF U HAVE SEEN THE MONTHLY HOPE IT SAVED YOU $$$$ !!!!
@NQ Daily 3.5 / 4 Up Conf. 03/20/24 $ 18,571.18 $ 18,641.15 @NQ Weekly 100 / 110 Up Conf. 12/15/23 $ 18,984.86 $ 20,726.50 @NQ Daily 7 / 8 Up Prel. 03/20/24 $ 18,616.46 $ 18,616.46 @NQ Daily 12.1 / 13.8 Up Prel. 03/19/24 $ 18,335.05 $ 18,335.05 @ES Weekly 100 / 110 Up Conf. 12/21/23 $ 5,418.50 $ 5,846.00 QQQ Daily 3.5 / 4 Up Conf. 03/20/24 $ 445.20 $ 446.64 QQQ Daily 7 / 8 Up Prel. 03/20/24 $ 445.93 $ 445.93
S&P 500 is up 107 points for the week so far ...
BUELLER ? BUELLER?
How much are the Q'S UP ?
WHERE IS BRIAN ? is he FEELING SOMETHING ?
interesting video; even though "market top " has been called for months on end ( along with fresh downside projections on AAPL around 170 and on TSLA(3 days ago) at 163)- with every video ending with a negative ratio slant or "down 800 points could happen!!"-- we were supposed to BUY THE SPX projection of up 40points yesterday? we only moved AFTER the Fed looks like on chart. That "reenforces confidence" in your observations? Please explain that; encapsuling all of your projections not just the "one at 19:33 on Tues video". All the while, another member on here gives the higher projections( for months now). Today, you said the close has to be under 70 to NOT GIVE higher projections. I just woke up and we are up 160. Maybe a special update to add some more color would be great
From the perspective of a subscriber, there is no practical difference between following the advice of someone with good intentions but who is always wrong, and the advice of someone with bad intentions who is actively trying to make his subscribers lose money.
GAVE @RTY @EMD $URTY BACK in November
REMEMBER? SOMEONE on here said I DONT KNOW MARKET HISTORY?
WELL WHEN the fed is talking about LOWERING RATES WHO LIKES IT?
THATS RIGHT SMALL CRAPPERS
MARKET HISTORY
TEACH an old dog new tricks is the saying ...
$IWM
WHOOP
1–7 of 7