Soy, can you rub your Crystal Balls again and give a prediction for tomorrow's SPX please.
Are we going to shit?
- Thread starter trader1974
- Start date
They definitely know it takes time for the hikes to fully materialize within the economy.
So anything happening in the short term shouldn’t be taken too seriously.
… From Investopedia.
the U.S., the Federal Reserve Board (the Fed) is responsible for setting the target interest rate at which banks borrow and lend money to one another (known as the federal funds rate), and this has a ripple effect across the entire economy. While it usually takes at least 12 months for a change in this interest rate to have a widespread economic impact, the stock market's response to a change is often more immediate.
We can say goodbye to growth if they hike too much. Deflation here we come but Inflation is already (Slightly) heading north. Wouldn’t be wise to kill some more growth for an already retreating inflation.
There are some stonks breaking out.
Not the growth ones but last week I’ve seen at least 2 stonks per day making new highs on good volume.
WING MCD FSLR HRMY NBIX UBSI WRB TMUS FLEX CEG STNG EXTR … …
So anything happening in the short term shouldn’t be taken too seriously.
… From Investopedia.
the U.S., the Federal Reserve Board (the Fed) is responsible for setting the target interest rate at which banks borrow and lend money to one another (known as the federal funds rate), and this has a ripple effect across the entire economy. While it usually takes at least 12 months for a change in this interest rate to have a widespread economic impact, the stock market's response to a change is often more immediate.
We can say goodbye to growth if they hike too much. Deflation here we come but Inflation is already (Slightly) heading north. Wouldn’t be wise to kill some more growth for an already retreating inflation.
There are some stonks breaking out.
Not the growth ones but last week I’ve seen at least 2 stonks per day making new highs on good volume.
WING MCD FSLR HRMY NBIX UBSI WRB TMUS FLEX CEG STNG EXTR … …
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You all so funny, can't read signs that are clear to me. Maybe it better that way, we not in a recession yet, too many jobs available being offered, but what is truly funny, where are the young people? Much older people working now, 80 yo man at Taco bell? 7-11s had 60yo folks behind the counter. They are thrilled to have a job again.
Recession will come next year. Real Estate prices already dropping along with Lumber prices. Can expect food going up for few years as all of USA is in drought. I expect real estate to drop 40-50% eventually. Money is king, keep short on debt. I expect worldwide deep recessions, I expect S&P 500 to drop below 2000.
Trump had us energy great and Biden we are fucked. What country goes to Saudi's to beg?
Recession will come next year. Real Estate prices already dropping along with Lumber prices. Can expect food going up for few years as all of USA is in drought. I expect real estate to drop 40-50% eventually. Money is king, keep short on debt. I expect worldwide deep recessions, I expect S&P 500 to drop below 2000.
Trump had us energy great and Biden we are fucked. What country goes to Saudi's to beg?
LOL, the stock market is not whispering to me right now. But I think Overnight is right, it will all depend on what comes out of Powell's mouth. I just read the fed is expected to raise by 75 basis points and lay the grounds to slow down. I think if they do that we have a good up day. But if they do 75, and say more is possibly coming, look out below. Its all up to Powell...
Young people are staying home trading. LOL
Ye Olde Sh#t is About to Hit the Fan.
Wall Street is gonna take a dim view of Powell jibber jabber, and markets will first spike for a few minutes, then bigass drop into the close.... is what I'd expect.
But I'll trade either direction, eg buy SQQQ UVXY if markets drop. Or TQQQ SOXL if they go up.
Happy hunting!
Wall Street is gonna take a dim view of Powell jibber jabber, and markets will first spike for a few minutes, then bigass drop into the close.... is what I'd expect.
But I'll trade either direction, eg buy SQQQ UVXY if markets drop. Or TQQQ SOXL if they go up.
Happy hunting!
More carnage to come.
In the previous meeting they clearly said that their goal is to achieve a 2% decrease inflation and a clear downtrend. So still a long way to go.
Don't worry. Our problems of shittery will be resolved once Biden completes his promise to end US Gas/Oil companies from making any profits for ONCE and for ALL.How DARE they finally make a profit, now that there is a war in Europe (instead of elsewhere every day).
In any case, as Schiff said, the United Kingdom was the first western nation to BLINK. And now we'll see what happens... lots of major down-side catalysts still available, with very little upside catalysts, except for maybe irrational exuberance.
Even if the UK manages to hold things together... someway... somehow over the next decade... there are a bunch of European countries that are already bankrupt.
Interest rates already in negative territory for some time in Europe. So what's next?
funny. Republicans are upset that Biden “wants to kill oil profits” but are upset that inflation is rampant and as a result oil companies are profitable.