DJI has closed convincingly below the 50-day MA for the third time this month. prior to september, it hadn't traded below this level since february, which marked a 10% correction from former highs. $DIA $VXX $TLT
when is anyone going to call out the hypocrisy? entire market is whatever 47 says or does so he invests, dictates, and capitalizes. where are you @BernieSanders@AOC?
@JoshPhilipPhair UN was founded the prevent WWIII. 47th term is all but half over. no one supports 47 which will lead to blue wave come midterms and 48 — that is if corruption hadn’t totally flipped to current era of NWO.
might want to fill up your tank if not driving EV — $USO is breaking out — not sure how high as technical resistance is meaningless. whole market is tied to everything 47 — it’s getting old.
what happened to US “growing” its way out of debt? AI was the excuse but creditors demand more. expect another US credit rating cut in next 12-16 months and longer-term fiscal debt crisis with worldwide contagion.
they aren't hiding desperation: US gov can't afford interest payments on covid-era stimulus, which inflated money supply by 40%. with US deficits now at $40 trillion, the only way out is inflation or crisis that forces the Fed's hand. $SPY $QQQ $UVXY $TLT
no it’s not. yields are surging because investors are demanding greater yields given inflation expectations, $40 trillion deficits and govs’ inability to service debt so they’re dumping bonds. $SPY
@tmaxftw US is unable to service its debt at these historic levels. given circumstances, 10% on the 30-year is the target. covid broke the bond market beyond repair.
going back to 2020 lows, $SPY is trading into cyclical resistance. we have a minimum of 10% downside, with worst case scenario of approximately 20% lower over the next couple months. with $DIA and $IWM refusing to move, an event needs to trigger a more widespread selloff.
going back to 2020 lows, $SPY is trading into cyclical resistance. we have a minimum of 10% downside, with worst case scenario of approximately 20% lower over the next couple months. with $DIA and $IWM refusing to move, an event needs to trigger a more widespread selloff.
you would think $IBM is a massive buy at the 200-week MA, or 50-month slightly below. it's one of those names can attract massive buyers and make huge shorter-term moves despite reasons for selloff.