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Really didn't need to bother. Even if Biden did embarrassing "stupid speak", the DemoCrap cheat machine has that and everything else under control.

Powell has basically said, "we can't afford the risk of doing that".... so the only choice is "inflation and currency debasement into oblivion... almost everybody gets bankrupted!". Bottom Line... The Fed doesn't want to take the blame for the mess they created!! (I keep hoping they/Fed will...

That's because there will be "inflation up the ass", but he doesn't want anyone to act upon it.... LYING BASTARD! Since when has inflation been "temporary"? (It's progressive and escalating until stopped by monetary restraint.... and looks like we ain't having none of that!)

Some of Powell's "flappings" are scheduled in advance. I've often thought that his words might be modified to the "current market" if anything appeared to be negative, such as now.... we're not in BIG negative territory, but the Nas is down ~10% from recent high. There might be a clue in all...

LOL!

With markets down a bit, should be prepared for his "uber-dove speak" jawboning. (Do we ever run out of adjectives for, "even more dovish than the last time"?) 1. Suggest being careful with your shorts.... 2. Consider being more aggressive about buying for short-term pop 3. Careful on...

"..what people probably expect when they buy and hold TQQQ..." OP's chart shows that the TQQQ dropped from a high of nearly 10,000 to ~75. Who would "B&H" through such a decline? Nobody with any market sense at all would do such a thing? However, next time I'll choose an adjective less harsh...

I can see that. My point was that your chart is meaningless.

So how is it that I can't find house cleaning services for $20/hr? That's "3x the minimum wage" for exercising the minimum skill of "running a dust rag and a mop"? (I've seen ads for house cleanings wanting $40/hr. What? Are you kidding? There a people with masters degrees in productive...

Is that like "jumping from the frying pan into the fire"?

Not much meaning in this chart.... mostly because you wouldn't be holding in a leveraged vehicle during a bear market. The chart below justifies trying to do something with the TQQQ instead of the QQQ... if you can handle the volatility.

It's a hoot!

Suggest considering... "Scalping is too difficult". Yeah, some will chime in and claim, "I scalp and I'm profitable". My questions would be, "HOW profitable... enough to make it worth your time... better than you'd make flipping burgers"?... and "what percentage of scalpers are successful"...

1. Weak dollar benefits competitiveness for international trade. 2. Loose money "economic activity" is actually mostly inflation. 3. Strong dollar (greater buying power) benefits all who hold their assets in the dollar Conclusion... weak dollar promotes inflation and harms almost everyone...

Ditto that. Anybody who's still in the markets "after years" knows what you do. Generous of you to offer help to someone who obviously doesn't yet know, "come here from sick 'em" when it comes to the markets.

Ditto.

That's the problem. We get a bunch of inexperienced traders on ET who claim, "something doesn't work" just because they haven't figured it out. I dunno. People figure it out when they do, or not.

New traders expect/hope there is some simple thing they can learn to "just open a brokerage account and get into the trading game to make money easily".... like "buy/sell a moving average cross", or "buy oversold, sell overbought". Much more to it than that. (If it were really easy to grasp...

1. The ES is difficult... not because it's cryptic... most of "trouble" is between the ears of traders. 2. "Nothing works"?. Completely wrong notion. (You apparently haven't figured out what works and how. See "point #1".)

Thank you. I say that all too often, and thanks to you, I don't have to this time. :) Note... When S/R "doesn't work"... Price TA is still working. When S/R breaks, when you expected it to hold... as you should expect... that tells you something valuable too.