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STOCKS SET TO EXTEND GAINS AMID COMEBACK RALLY
JPMorgan strategist Marko Kolanovic predicts U.S. equities may climb as much as 7% this week
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This forum seems to have made a right turn somewhere. Two wrongs don’t make a right. Let’s get back to posting helpful real information. Muting Max cleaned up the thread gifs and I presume the average age here is not ten. There has never been a time quite like this to be serious about your financial well-being if you are an adult. Consider that many posters are honest and thoughtful. Try to ignore those who think this is a video game.
When are we supposed to start seeing the monthly 50-75 billion subtracted off the Fed balance? There is obvious proof of what they said about raising rates. There is no proof yet about subtractions off the balance. When?
Notice how S&P Nasdaq Russell 2000 and the Dow are all exactly the same pattern to a tee for the last few sessions ?. That is no accident.
Profit taking starts!
Ok trai 06/24/2022 I took 335k in equity out of my house and just bought (check) I maxed out my credit card 23,555 k on a cash advance and dumped that in also (check) also I started with 117k in one of my 401 k's that id been short in made 37,331 going short took the profit plus the principal and dumped THAT in !!! (check) that's a total of 395,886 I just risked at 51 trai. Tell me I just did the right thing Buddy ?. "Talk to me Goose " ! "talk to me ???"
How will the Fed sell bonds while at the same time broadcast out to whole world that they are bumping up interest rates monthly. I don't understand who would buy the bonds?
It’s a bear market rally. They are not uncommon.
Powell should just cut to the chase..."Yes, there's going to be recession, but it will be transitory".
Record of bankruptcy fillings will come shortly!
Arm & Hammer Investments
almost time to load up on SPXS
Short squeeze Friday...........so predictable! Those consumer confidence numbers were so bad.......market sells off Monday.
Look at the last three days trading patter , notice something peculiar ?. It looks robotic like an algo ...because it is. now look at any other week in the market look at the up and down dips and rises throughout a normal day. Funny isn't it.
Powell stated in the hearing today that it would take roughly 3 years for the Fed's balance sheet to 'return to normal.'
Took the opportunity to sell some more. Stocks are now only 17% of my portfolio.
Archive footage of Tom Lee teaching his young parrot "Trai" how to say "watch and learn"
The question remains, how far does this correction go before the crash resumes?
You have had your week bulls. We will see reversal noon on Monday, $3,550 soon. IMO
Hershey's raises chocolate prices by average of 14%. A bear market is one thing, but chocolate spiking is not acceptable.
For a Few Puts More
Every rally, burp or bump is a gift to sell into, in a bear market. Especially in this mother-of-all bubbles that should correct close to 50% (about 2400). Earnings will be corrected downward, and so future PE ratios will rise. Some folks expecting a dovish fed later this year. Maybe after the 50% haircut. Not even BLK is buying the dip.
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