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    Was Nike earnings a shot across the bow ?

    Think about it . Since 2009 which is 14 yrs we’ve not had a real recession . Covid was a few months and the fed wallpapered money like candy to prevent a big downturn . Recessions are needed to reset the bar . The bill is coming due . Many people stuck with high interest loans,depleting cash...
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    ES Journal - 2023/2024

    It’s quite fascinating thinking we can get rate cuts with a mkt up 33% since Oct and earnings overall that have been sideways . In 2022 during the mkt correction we never even took out the 2020 all time highs . Throw in 5% rates with blah overall earnings and this mkt is possibly the most...
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    ES Journal - 2023/2024

    I love Lacoste alligator polo’s . Bought 8 this week online directly from Lacoste . Most things on sale for 50% off . Shirts that are $125-$150 are $60-$70 .
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    Swing Trading QQQ

    Look back to 2009 . The only real correction was covid and 2022 . Covid we rehit highs in 6 months . 2022 fall took longer but earnings overall have been very lukewarm and rates skied .What really stuck out to me was when the drop started in 2022 we couldn’t even take out the ath’s from 2020 of...
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    Swing Trading QQQ

    Day traders are inherently bearish . A trader a 1000 times a yr sees the mass manipulation of the mkt and it angers many . It shapes one’s views on everything. It’s almost as you will an envious look at how easy longs make money with no stress . Shorting is like “ those greedy pig longs are...
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    Swing Trading QQQ

    Predicting past a day or 2 is a fools game . 2-3 weeks ago few saw us back on the door of ath’s this quick . You were calling for a 10% correction . Just trade what’s at hand . If the mkt were rational we’d be trading at a 15 p/e max with 5% interest rates and very mediocre earnings . After all...
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    Swing Trading QQQ

    Chances of that are near zero .Powell and Biden crying to get at least 1 cut in
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    Swing Trading QQQ

    Zero hedge is saying what I’m saying . Next weeks cpi will be a big miss as shelter cost have fallen. Es from 4960 ish low to 5240 in about 3 weeks . Mkt obviously smells something
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    Swing Trading QQQ

    Key word “ should “ plunge . I’ve looked at all the earnings this qtr and overall we had a shitload of crappy earnings yet we still sit near ath’s . Rates when from 0 to 5% in 2 years yet the mkt suts at ath’s . In decades past p/e’s would have contracted . Yet we sit at a staggering 20 p/e with...
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    Swing Trading QQQ

    I think inflation #’s will be lower than expected . It seems food at store is at top but going sideways a little . What’s really stuck out to me is used car prices have crashed 15%. I got on car gurus looking at used cars last night . Some cars i was looking at have fallen 15-20% last 12...
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    ES Journal - 2023/2024

    lol your always after the fact . As I recall you’re one of the most bearish traders on this board . So being such a junkie in and out you got your ass handed to you probably trying to short the 60 pt move after the initial drop . There were several 10-20 pt 2 min whipsaw quick moves . But of...
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    ES Journal - 2023/2024

    Traders got whipsawed to hell today . Brutal quick movement
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    ES Journal - 2023/2024

    I’m lmao . CNBC has a special sell off party and nobody came . lol lol
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    ES Journal - 2023/2024

    YAWN
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    ES Journal - 2023/2024

    I was correct . They knocked 99% down
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    Iran’s attack on Israel "imminent"

    I have a much more intimate view than anyone on this board about what’s going on in the West Bank and Gaza . I’ve been the owner of much land there . I sold 95% of it the last 8 yrs.I don’t like discussing politics just like talking about Trump/Biden. You can’t change peoples minds about what...
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    Iran’s attack on Israel "imminent"

    Nothing burger . Not one missile or drone got threw . Wouldn’t surprise me if futures are green by 6 pm eastern . I recall like yesterday 1991 when Persian gulf war started . Futures collapsed at 7 pm as japan melted down . I was at a blockbuster and it was on the intercom system . I stayed up...
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    ES Journal - 2023/2024

    Hell if Ukraine with little training can knock down 90% of the drones I’m sure Israel and the us can knock 99-100% down
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    ES Journal - 2023/2024

    War ? You can’t fight a war from 1100-1700 miles away . Sure can lob some missiles back and forth . You can do some air strikes . Wars requires 100’s of thousands on the ground and tanks and other things
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    ES Journal - 2023/2024

    Iran says the retaliation is “ concluded” . lol . I bet they called us and told them exactly when and were the drones were to shoot them down . Iran did to save face .
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