SMC Update 7 22 25

Tue, 07/22/2025 Tuesday, 07/22/2025 7:10 PM PDT


Comments (4)
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daniel039209
daniel039209

Are you aware, you must be after 50 years of market expertise, that the SPX is capitalization weighted and the DJIA is PRICE weighted. GS has 4x the sway of NVDA in the DJIA. UNH has over 2x the sway of NVDA. Also, you have to be one of the rare breed of technicians that espouses the opinion that 500 stocks are LESS IMPORTANT than 30 stocks. I was taught breadth of a rally is what measures the markets' strength and durability. How do you honestly say, the DJIA not making a new high , while SPX is making new all time highs is a NEGATIVE DIVERGENCE? I know if fits your "NVDA is crazy at $3 Trillion mkt cap, well, now its really crazy at $4.2 Trillion" theory. One last thing; where does your amazing trendline boundary in 3 , 6 months? How about mid 2026? It implies the SPX could be 7000 and you would still say " trendline holding well market ready to go down 50-70% any day now". How many puts do you own, Peter? or you must be all in cash if not short.

XXSPOWER127
XXSPOWER127

daniel039209 said:

Are you aware, you must be after 50 years of market expertise, that the SPX is capitalization weighted and the DJIA is PRICE weighted. GS has 4x the sway of NVDA in the DJIA. UNH has over 2x the sway of NVDA. Also, you have to be one of the rare breed of technicians that espouses the opinion that 500 stocks are LESS IMPORTANT than 30 stocks. I was taught breadth of a rally is what measures the markets' strength and durability. How do you honestly say, the DJIA not making a new high , while SPX is making new all time highs is a NEGATIVE DIVERGENCE? I know if fits your "NVDA is crazy at $3 Trillion mkt cap, well, now its really crazy at $4.2 Trillion" theory. One last thing; where does your amazing trendline boundary in 3 , 6 months? How about mid 2026? It implies the SPX could be 7000 and you would still say " trendline holding well market ready to go down 50-70% any day now". How many puts do you own, Peter? or you must be all in cash if not short.

Yesterday 11th all time high + A/D line making new all time high =

BULLISH

a) PETER NEVER ANSWERS b) HE IS STUCK IN HIS ( pitbull grab on to something and dont let go mentality ) Which is antiquated c) THE PROJECTIONS ALL SCREAM HIGHER !!! d) TRUMP 5PM Ai Ai Ai Ai Ai Ai Ai Ai Ai

THIS IS THE ROARING 20'S CYCLE OF THE 1920'S - PETER IS NOT SEEING IT.. he has Black color glasses he needs the ROSE ONES

LMAO

daniel039209
daniel039209

XXSPOWER127 said:

Yesterday 11th all time high + A/D line making new all time high =

BULLISH

a) PETER NEVER ANSWERS b) HE IS STUCK IN HIS ( pitbull grab on to something and dont let go mentality ) Which is antiquated c) THE PROJECTIONS ALL SCREAM HIGHER !!! d) TRUMP 5PM Ai Ai Ai Ai Ai Ai Ai Ai Ai

THIS IS THE ROARING 20'S CYCLE OF THE 1920'S - PETER IS NOT SEEING IT.. he has Black color glasses he needs the ROSE ONES

LMAO

His bias has killed any actual good projection work that is on Web App. If he were actually running money, real money, there would be 80% less than 2 years ago.

XXSPOWER127
XXSPOWER127

Whenever he says

I DONT THINK IT WILL

it does...

LMAO !!!

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