I’ll tell you what if we go to ground war and nobody cares we 9000+ SPX. That being said I’m currently leaning sideways till September and real duplicitous energy crisis big bear. Also not 20%, 30% up or down is in my opinion what is in store. Today has no bearing for me.
@rickjeff78 Of course there is a 20% pullback coming. It’s likely more like 50-70%. We do this every 10-15 years. That’s how highly leveraged risk-asset markets have always worked. How old are you?
Happy "Pet Rock Day" to all who celebrate.
It was July 17, 2015 when the @WSJ published their infamous "Let's Be Honest About Gold...It's a Pet Rock" article, which nearly marked the bottom of the 2013-2015 bear market with price below $1200.
I can pretty much guarantee at this point the next 3-6 months just escalate to a ground war. It’s going to be a shitshow and so will midterms. You were told as much last night. And nobody will do shit about it.
@RentYourStocks I’m seeing another month of hot potato in my 🔮, we will play out the oil clock to 00:00 probably. Once top fully sold we meet our fate. Not totally over yet but I see no hope for peace.
@RentYourStocks I’m seeing another month of hot potato in my 🔮, we will play out the oil clock to 00:00 probably. Once top fully sold we meet our fate. Not totally over yet but I see no hope for peace.
I’ve never seen literal old news be retro amplified and catalyzed quite like this. Market is not searching for narrative it dismisses all until the power center confirms it. Ignoring energy looks like it will be the biggest collective mistake ever made but there was no choice.
We’re in a horrible place where nobody has confidence in themselves anymore and everything is confirmed from the top despite being established it isn’t priced until the command leadership acknowledges it. A VERY unhealthy situation, we haven’t quite been here to this extent.
We’re in a horrible place where nobody has confidence in themselves anymore and everything is confirmed from the top despite being established it isn’t priced until the command leadership acknowledges it. A VERY unhealthy situation, we haven’t quite been here to this extent.