@RJRCapital I watched a great video about how the government cannot afford a recession. They NEED the tax receipts from market gains. So if/when the market does crash it will not only crush traders but could possibly destroy the entire economy and govt balance sheet with it
@Rebecca98869736@ces921 Agreed… but cheap gas and oil will never fit the Dems narrative. You can’t sell EV’s and get people to care about climate change when gas is $1 a gallon. People care more about putting food on the table. But when gas is $6 a gallon they need other options
@ozzy_livin Next window of “potential” weakness. Still need a trigger for downside. But if yesterday happened inside that window we would not have seen the V shaped recovery we saw. All that afternoon buying won’t be there next time imo
@RJRCapital I think most of the “real” traders who are bearish have time (end of Feb for me) and scaled in on this bounce. The shorties playing 0dte and weeklies don’t understand that this could still go higher in the next 3-7 days 🤷🏻♂️. But you are correct. Drop is coming soon imo
@BobEUnlimited Sad to hear. You and @dampedspring are two macro views I trust. But lately if you aren’t in the “stocks only go up” crowd then you get called a doomer. I’m not long any equities right now. ZERO. Doesn’t mean I’m short. Just very little meat on the bone to the long side rn
@ces921 Love your stuff Craig. You and Sam are always the viewpoints I seek out to make sense of these idiots. I just wish they would spend time in the meeting to have a focused message for the next 6 weeks. This confusion does nobody any good and markets are erratic bc of it 🤦🏼♂️🤷🏻♂️
@VolumeDynamics@spomboy@tyillc This is the dirty little secret nobody wants to discuss though. We can’t sell debt at 0% interest because nobody will want it. So until the govt cuts spending (unlikely and also crushes GDP and economy) it is higher for longer. Death spiral of debt 🤷🏻♂️
@jaredhstocks Jared thanks for all you do man. You share a ton of gold on Twitter and I appreciate it as this stuff is becoming so important now. I agree that the sideways/mild weakness during a “window of strength” is something to keep an eye on. Market feels real fragile right now
@dampedspring That makes a lot of sense. Bizarre because I feel like moves made recently (Basically the month of Nov) set us up for a wild start to 2024. I do believe by Feb 29th your SELL call will be golden. CPI gap fills before ATH is my bet. Love your stuff. Thanks for all you do sir 💯