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D
Oil under $100. Bye bye inflation. Time to buy!
M
No one knows whether we are at the bottom or we have ways to go down. No one knows..... Why don't the economists who say the market will be much lower six months from now short the market and make millions instead of holding a job? Remember the dollar we lose is the dollar somebody else wins...
M
It's boring when the markets have a 3 day weekend. Three of them in 5 weeks.
T
we are just about at the bottom we should go back to the 27-28 range early next week
Bullish
T
If you just went by the 6 month chart this almost looks like its bottomed but I dont believe it . How will it fare wuth the next 75 basis point hike and then another and then another all wheighing down the company profits ? plus the Main indexes are still above pre covid level .
w
PCE remains at 6.3% PCE Core 4.7% PCE in real dollars (Adj 2012) -0.4%
Not sure it's enough for a rally but we might finish the day green. GLTA!
w
fwiw
nas futures up .72 percent
tqqq short term resistance $24.88 ish
Wednesday close $24.88
Thursday high $24.89
so the futures look to be right about at that area
based on the close at $24.39 plus 2 percent
D
It never pays to worry about stock futures the night before. Always green by open. It's the first day of a new quarter and first day of second half. Let the rally begin!
w
The market won't bottom until inflation peaks and it's proven with two consecutive months of disinflation.
D
Not worried at all. The stock market ALWAYS bounces back. These low prices are a gift. I can't wait to make 3x market returns when Nasdaq rebounds like it ALWAYS does.
B
Bought. This one is primed for a 15% jump
J
Can some explain to me why this won't reach the 2020 low? What good news are you expecting to come out in the next few months? That inflation is only 7% instead of 8%?
Futures are doing world war 1 style of trench warfare between market longs and shorts.. Today we definitively has a market catalyst like pce flat to fcst lower from April, which warrants a blitzkrieg... will the market long blitzkrieg begins tomorrow ???!!!!
$qqq $tqqq $sqqq
w
tqqq up 1.62 percent
sqqq down 2.07 percent
a .4 percent imbalance all day long
a green day for the TQQQ on the day the soxl made a new low
would certainly see, to be short term bullish for the tech market as a whole
U
This time is different, fed spent too much for covid recovery, and now they have no more room too spend.
s
Game over, ask God for forgiveness and exit like a man
No one knows..... Why don't the economists who say the market will be much lower six months from now short the market and make millions instead of holding a job? Remember the dollar we lose is the dollar somebody else wins...
PCE Core 4.7%
PCE in real dollars (Adj 2012) -0.4%
Not sure it's enough for a rally but we might finish the day green.
GLTA!
nas futures up .72 percent
tqqq short term resistance $24.88 ish
Wednesday close $24.88
Thursday high $24.89
so the futures look to be right about at that area
based on the close at $24.39 plus 2 percent
$qqq $tqqq $sqqq
sqqq down 2.07 percent
a .4 percent imbalance all day long
a green day for the TQQQ on the day the soxl made a new low
would certainly see, to be short term bullish for the tech market as a whole