CPI is within the expected range. Expect market to recover. Is why I said… yesterday
Morgan Stanley expects the S&P 500 to plunge another 17%-27% within the...
It's time to be extra picky.
CPI is within the expected range. Expect market to recover. Is why I said… yesterday
Both S&P and QQQ likely go down in next 4-10 days to around this level SPY 385 (lowest possible) and QQQ 285 (lowest possible) !
At this rate, we will take out lows from earlier this year.
I wouldn’t call it sensational. I bet it’s a leak to set market expectations.
it’s a leak to set market expectations.
Just listen the last FED conference (July 26-27th), Powell told openly we may have unusually high rate hike net time, but it depends on input data.
It is not leak, but media ignored it nicely when market went up. Now, they need a story , got it back.
Before this cycle, they would only increase 0.25% at a time, so even 0.5% is bigger than normal. 0.75% is considered a huge hike. 1.0% wasn’t even on the radar.
So you don’t think 0.75% is already considered unusually large?
you don’t think 0.75% is already considered unusually large.
It is left to investor to understand the world and decide the course of action.
Garbage in => Garbage out
I do not have any intention to debate this point.
Both S&P and QQQ likely go down in next 4-10 days to around this level SPY 385 (lowest possible) and QQQ 285 (lowest possible) !
At this rate, we will take out lows from earlier this year.
True direction is in today AH and tomorrow market hours.
My ESG stocks didn’t drop much. ESG stocks = TSLA BE PLUG
I started nibbling selling puts on stocks I want to own. Eg: BILL
I believe Fed can’t raise rate past Q1 2023. It is up to the market to decide whether to front run (how many months earlier?) or to play it safe and wait for Fed to announce pause/ U-turn. Mood of the market is hard to decipher.
Mood of the market is hard to decipher.
True direction is in today AH and tomorrow market hours.
Market Panic sets in today. AH/Premarket who will buy? There may be some pull back, but people will sel with more panic !
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Market Panic sets in today. AH/Premarket who will buy? There may be some pull back, but people will sel with more panic !
From what I read, institutions have been BTFD since Jun 16 low. Retail investors are the one panic-king. Institutions don’t need to buy at the low, within 10-15% of the low will do. Anyhoo, they scale in. Remember institutions have been raising cash since Mar last year. Retail investors are the ones that chase the market till Nov.
From what I read, institutions have been BTFD since Jun 16 low. Retail investors are the one panic-king. Institutions don’t need to buy at the low, within 10-15% of the low will do. Anyhoo, they scale in. Remember institutions have been raising cash since Mar last year. Retail investors are the ones that chase the market till Nov.
You have lot of assumptions and It is too big subject.
Media started again
Market is pricing in a 1% hike. But if instead we only get a 0.75% later this month, market could rally from there.
It's time to be extra picky.
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From what I read, institutions have been BTFD since Jun 16 low.
For example. Kevin is well connected. BTFD today.
Sep 13
My ESG stocks didn’t drop much. ESG stocks = TSLA BE PLUG
Sep 14
All three shot up. Golden cross (50-day SMA crosses above 200-day SMA) for BE PLUG.
All three above 200-day SMA, according to stage analysis is stage 2, aka UP trend.