Did y'all catch that ES opening?

Well, Fedex is not going to help things tomorrow. Global slowdown they say. UPS is down in sympathy. BTW...I noticed that while unleaded gasoline prices are near the lows for the year, diesel fuel is still above $3. Thats not good, it should be lower. The trannys are all gonna take a hit. Perhaps not the airlines.

On the tech side of things.... Micron says there's now a glut of memory chips. Stock is getting hammered. Down 9%. Even with a PE of like 5. Go figure huh? I've said all along, chip stocks are boom or bust. "But this time is different Z". Yeah right. Tell that to the folks that bought NVDA at $390. Or MU last summer at $64. Micron thinks things are cooling off too. Who knows.

Sooooo..... hope springs eternal. Enter Jerome. 1/4 point with a more reasonable narrative going forward? That should help.

My new favorite long term hold... ORCL.... especially if it drops tomorrow.
 
Expect a 2% move in either direction into the close tomorrow!!!!

FedEx and micron technology reporting not so good results after the close tonight so that will put immediate pressure on the markets tomorrow morning ...add in collapsing oil prices and a fed that has no clue what to do and you have a recipe for a possible 2% drop tomorrow.

Continue to sell all rallies ..the Dow will enter a bear market in first quarter of 2019!!!!!!
 
vanzandt said:
Well, Fedex is not going to help things tomorrow. Global slowdown they say. UPS is down in sympathy. BTW...I noticed that while unleaded gasoline prices are near the lows for the year, diesel fuel is still above $3. Thats not good, it should be lower. The trannys are all gonna take a hit. Perhaps not the airlines.

On the tech side of things.... Micron says there's now a glut of memory chips. Stock is getting hammered. Down 9%. Even with a PE of like 5. Go figure huh? I've said all along, chip stocks are boom or bust. "But this time is different Z". Yeah right. Tell that to the folks that bought NVDA at $390. Or MU last summer at $64. Micron thinks things are cooling off too. Who knows.

Sooooo..... hope springs eternal. Enter Jerome. 1/4 point with a more reasonable narrative going forward? That should help.

My new favorite long term hold... ORCL.... especially if it drops tomorrow.
More...



With oil dropping from $73 to $46 the most drop I saw in gasoline prices at the pump has been maybe .28 cents!!!!!!

Once oil drops to the 20s will hopefully get sub $2 gasoline prices!!! Until then everything is still sky Fu©king high at the pump in relation to the collapsing oil prices!!!
 
Cramer says market will fall extremely hard if fed raises rates and keeps in place the future 2019 rate hikes !!!!

Best scenario is raise tomorrow and hold off on all rate hikes in 2019. Only possibility for a bounce tomorrow afternoon!


Fed needs to take 'wait-and-see' approach to rate hikes for stocks to get a 'sustained' rally: Cramer
  • CNBC's Jim Cramer goes over the possibilities for Wednesday's pivotal announcement from the Federal Reserve.
  • The "Mad Money" host lays out the best possible outcome for the stock market.
  • Fed officials must "repudiate" the idea that the U.S. economy needs a series of rate hikes, he says.

https://www.cnbc.com/2018/12/18/cra...d-see-approach-for-sustained-stock-rally.html
 
S2007S said:
With oil dropping from $73 to $46 the most drop I saw in gasoline prices at the pump has been maybe .28 cents!!!!!!

Once oil drops to the 20s will hopefully get sub $2 gasoline prices!!! Until then everything is still sky Fu©king high at the pump in relation to the collapsing oil prices!!!
More...
Its cheap AF all over. $1.59 in some areas.
Problem is the price of diesel. Thats what really matters.
Must be the Luminatti. :rolleyes:
upload_2018-12-19_0-23-7.png
 
S2007S said:
Expect a 2% move in either direction into the close tomorrow!!!!

FedEx and micron technology reporting not so good results after the close tonight so that will put immediate pressure on the markets tomorrow morning ...add in collapsing oil prices and a fed that has no clue what to do and you have a recipe for a possible 2% drop tomorrow.

Continue to sell all rallies ..the Dow will enter a bear market in first quarter of 2019!!!!!!
More...



See that 2% move!!!!!

Get ready for extreme volatility .
Bear market first quarter of 2019!!
Dow 20000 is coming!!!
 
Cramer sounds bearish, ouch....will be in a bear market, Dow 21000 by early 2019....should break 18000 level where we started to rally when Trump took president by end of 2019. Once the Dow drops below 18,000 all of the entire Trump rally will have been erased!!!!

Basically the market is going absolutely no where !!!


Cramer: Dow could have 'easily' been down 1,000 points on Fed hike
  • CNBC's Jim Cramer reviews the Federal Reserve's decision to hike interest rates by a quarter-point.
  • The Dow Jones Industrial Average could've "easily" fallen 1,000 points on the hike if stocks weren't so oversold, Cramer says.
  • The "Mad Money" host says he's "disappointed" with the decision and spells out what could be next for stocks.

https://www.cnbc.com/2018/12/19/cramer-dow-could-have-easily-been-down-1000-points-on-fed-hike.html
 
S2007S said:
Cramer sounds bearish, ouch....will be in a bear market, Dow 21000 by early 2019....should break 18000 level where we started to rally when Trump took president by end of 2019. Once the Dow drops below 18,000 all of the entire Trump rally will have been erased!!!!

Basically the market is going absolutely no where !!!


Cramer: Dow could have 'easily' been down 1,000 points on Fed hike
  • CNBC's Jim Cramer reviews the Federal Reserve's decision to hike interest rates by a quarter-point.
  • The Dow Jones Industrial Average could've "easily" fallen 1,000 points on the hike if stocks weren't so oversold, Cramer says.
  • The "Mad Money" host says he's "disappointed" with the decision and spells out what could be next for stocks.

https://www.cnbc.com/2018/12/19/cramer-dow-could-have-easily-been-down-1000-points-on-fed-hike.html
More...
Hahahhah.
Jimbo hit the "rahhhhhh (bull) button" when Fitbit was $55.
Don't short this market ace.
You'll get f'd.

Edit:.... VZ long.
 
No buying in site...... looking for a 1000+ point drop and bear market for the Dow a bit sooner than I thought

Nasdaq already in bear market!
 
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