"IB who"?
Posting some IBM analysis mostly to remind you that up until 2011 IBM was the king of the stocks. IBM was most certainly "Going nowhere". And IBM are still in business - but the stock went somewhere. For those who think holding stocks that are industry leaders is risk free, I'd recommend you look up the top 20 stocks of 50 years ago and see how many of them are still performing today. Being in it for the long run does not give default success - over time, things cycle out of their bullish patterns and things that have been bullish for decades can be bearish for decades.
Posting some IBM analysis mostly to remind you that up until 2011 IBM was the king of the stocks. IBM was most certainly "Going nowhere". And IBM are still in business - but the stock went somewhere. For those who think holding stocks that are industry leaders is risk free, I'd recommend you look up the top 20 stocks of 50 years ago and see how many of them are still performing today. Being in it for the long run does not give default success - over time, things cycle out of their bullish patterns and things that have been bullish for decades can be bearish for decades.
We may be inside of a crash event to 3000 in SPX.
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
We may be inside of a crash event to 3000 in SPX.
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
Read the full case with backlog of historic analysis/forecasts here: holeyprofitnewsletter.substack.com/p/the-case-for-3000-in-spx
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.