ES Journal - 2021/2022

Overnight said:
If that were true, Cramer would have been fired many many years ago, because according to him, there is always a bull-market somewhere.

Of course, he also predicts occasional pain, and is Howard-Sternesque with his style, so he keeps the ratings high and gets a pass.

But people like that Lee character pontificate in a cloud of haze, while looking slightly cross-eyed. The FA of the market does not suport a run to 4800+ in 3 months. We may run higher, but not that high, after the hammer Powell just brought down.

The SP's ONLY chance left at closing the year positive is super-soft inflation prints and weaker job growth through year end with an indication of a pivot sooner-than-expected by Powell.
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It’s gonna feel weird for a lot of people when we’re back at ath
 
vanzandt said:
After the brutal sell-off that will possibly occur in the next three weeks, and a low is set for the grind north into 2023 as the whales spot the oversold condition and front-run the idiots.
-vz
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Indeed, I have been thinking of that ol' general idea that Sep is technically the worst month for stocks in any given year. But what if Powell surprises to the dove side in September based on soft inflation data? Gosh, this is worse than Keno on crack!
 
vanzandt said:
After the brutal sell-off that will possibly occur in the next three weeks, and a low is set for the grind north into 2023 as the whales spot the oversold condition and front-run the idiots.
-vz
More...

Agreed. Ill be a heavy buyer of movement taking out the current major recent low.
 
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