Can't believe the market lost +4% today!

vanzandt said:
Omg...
The more you write... the younger you show you are. :D
>>>Water seeks its level son. Over time.
Search "lemonade stand" under my moniker here.
Or I'll put it to you like this.... would you buy a lemonade stand that makes $1000/year in profit for $200,000?
Because that's exactly what you've been doing.
Duh. :rolleyes:
More...

The market doesn't give a s*** about that. It does what it wants to do. Whatever reason that it gives is just an excuse.
 
The point is don’t justify or judge the market. It’s always right. That’s the first lesson I learned from Jack Schwager’s “Market Wizards” books.

So why the never ending arguments here? Oh, it also says shoot (trade) first and ask questions later.
 
vanzandt said:
One more thing then I'll let it go....

Have you ever heard that old saying "It's all fun and games until someone gets poked in the eye?"

Well, when you have fuel at $5 and climbing, housing, insurance, food, medical costs, and utilities climbing even faster... you don't need a PHD in math to put 2 and 2 together to figure out that 70% of the American (consumer driven economy) is getting poked in the friggin' eye.

Good luck to ya though. For real.
You would be wise to learn however... pigheaded stubbornness when it comes to markets, will get you nowhere fast but to absolute zero.
Forest>>> Trees.
More...

It's not the first time that American consumers all of sudden realized that inflation is double-digit and the gasoline price is above $1. Double-digit inflation has been around for at least a year now. And it's not the first time that retail giants have reported negative earnings. The American consumers' eyes have been poked blind now. WHY did the market go down yesterday, and at 4%??!! The answer: because it wanted to. Tomorrow it could very likely be an up day or a flat day. What happened to the earnings? Are the Target earnings all of sudden positive? Have the American consumers gotten used to the eye-poking?? No, it's because the market wants to go up or lie flat.
 
In case it matters to anyone...

upload_2022-5-18_22-6-5.png
 
maxinger said:
Don't need to set SL at 7%.

Just learn to press the BUY & SELL button in the correct sequence.
downtrend - press the SELL button first.
uptrend - press the BUY button first.

on 18 May 2022, all Asian / European / US index futures were going down.
so press the SELL button first.
More...

A good reminder of KISS! :)
 
TheDawn said:
I don't look at the fundamentals because they can be interpreted however they want. This time they just happen to go for retail and use it as an excuse to tank the market. If the market really wants to go up, I have seen them brush off far worse earnings or whatever statistics just to prop the market up.
More...
They why are you bitching about retail tanking the markets ... as if that was the reason all by itself. WTF cares what the talking heads say either way. The trend, the trend.
 
You must log in or register to reply here.
Back
Top