GBA Presents: House of Gummy-!

Now that we are in the thick of it I am a bit surprised nobody said Atta Boy! While stocks were ripping ahead all I saw was bullishness here at ET yet I placed a spear of caution in the ground. Check the dates-- how right can one man be. Truly exceptional market timing is what I have always been known for.
:rolleyes:
Stoney... really?
You're delusional.

The May 30th "spear in the ground":

S&P 500 (^GSPC)- LIZARD KING says 100 points goes both ways--- Target 4,100 at the very least...

There is a bad outcome that could happen I wouldn't put much into the concept just yet but if timing wise we have an unspooling here for the week as the politics darkens,,, ok and we get some economic news that indicates recession... short and shallow...the market won't stop at 4,100 it will go to 3,800.

GBA Warned-!
We went all the way to 4465
Give up.
 
Van that quote you have now pushed twice was during the debt ceiling showdown. As you read it you see I am saying if the deal goes south this is my target. I lived through the 1st time and was scarred emotionally.

Nice try.
 
Van that quote you have now pushed twice was during the debt ceiling showdown. As you read it you see I am saying if the deal goes south this is my target. I lived through the 1st time and was scarred emotionally.

Nice try.
Stoney... all the readers know is what you write... and where the market went.
You have been dead wrong all year.

You gonna start whining now say I'm messing up your thread when I'm simply speaking the truth? :cool:
 

QT Will Soon Begin to Bite With 10% Hit to Liquidity, BNP Warns

-4%<------------- On The Way./






(Bloomberg) -- The unwinding of balance sheets by major central banks will soon begin to bite, causing a massive siphoning of liquidity from markets, hitting risk assets while driving bond yields and the dollar higher, according to BNP Paribas SA.


A 10% contraction in global liquidity would correspond to a 4% decline in stocks, an appreciation of at least 2% for the greenback and an initial jump of over 10 basis points for Treasury 10-year yields, the bank’s strategists said in a note.

Alongside rate-hiking, the Federal Reserve has been engaged in quantitative tightening for about a year and the European Central Bank stopped reinvesting the full proceeds of its asset purchases a few months ago. But a mix of factors, including the fact that the Treasury had to slash its cash buffer before Washington pushed through a debt-limit suspension, have prevented the typical drain of liquidity.

That’s all changing now, the bank’s strategists said.

These types of contractions impact assets with a lag, the pain of the lost liquidity to build over time — historically taking about 10 weeks to fully work through markets, BNP’s global head of macro strategy Sam Lynton-Brown and his colleagues wrote.

They project liquidity to fall as much a 9% by the end of September and up to 11% to wrap up the year. In a more extreme case, a contraction of global liquidity as large as 16% is likely, according to them.

“Global liquidity is an important driver of various assets,” Lynton-Brown said. “It therefore also impacts financial and monetary conditions. Rising global liquidity is likely one of the key reasons rate hikes in this cycle have had a smaller than had been widely anticipated impact on the economy.”

But “the wind is about to turn,” the BNP team said. “A tightening of liquidity may have a large impact on assets.”

Initially, government debt yields would rise, with the higher borrowing costs hitting other assets, BNP’s analysis shows. Later on, Treasury yields would likely fall amid haven-related demand.



What I try and do here is teach. I don't just spit out crazy assertions i give you the reasons and show you how a real market pro embraces stocks.

Ok. When everyone is bulled up you will notice or you sure should know by now that's when I sell. It's been that way for what 4 threads? every time you see a spat off profitable sells by me like the last seven trades---what happens next? Be real.

I can't help it. I just have the touch. You either have it or you don't it can't be learned.

So why do I continue to teach/preach-- I dunno. I don't know. I give you the liquidity info before anyone else and nobody listens.

Frustrating.
 
When stocks don't react to good news it can be a warning sigh.

Sell DV today and pocket the $10. I was hoping for much more. At least $44 but lets protect gains where we have them--

>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>>
If you don't own- get in now scraping the low of the day

DoubleVerify Holdings, Inc. (DV)
NYSE - Nasdaq Real Time Price.
27.01+1.00<------- GO TIME!

#14764 Mar 2, 2023 Report
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What I try and do here is teach. I don't just spit out crazy assertions i give you the reasons and show you how a real market pro embraces stocks.

Ok. When everyone is bulled up you will notice or you sure should know by now that's when I sell. It's been that way for what 4 threads? every time you see a spat off profitable sells by me like the last seven trades---what happens next? Be real.

I can't help it. I just have the touch. You either have it or you don't it can't be learned.

So why do I continue to teach/preach-- I dunno. I don't know. I give you the liquidity info before anyone else and nobody listens.

Frustrating.
So where's the correction lol?
Like I told you, a 4% pullback still puts us above 4200.
And dude, just because the indexes dropped a little in the last two days... I mean omg.... nothing goes straight up. The naz had its longest winning streak in like 20 years... OF COURSE IT'S GONNA PULLBACK SOME.
This is not market genius dude. Now just shut up and focus on a few stocks, you've given us 30 already in a shortened week. No one knows wtf you are even talking about.
 
There are several stocks that currently pass through the screen and Commercial Metals (CMC) is one of them. Here are the key reasons why this stock is a great candidate.

A dash of recent price momentum reflects growing interest of investors in a stock. With a four-week price change of 6.1%, the stock of this manufacturer and recycler of steel and metal products is certainly well-positioned in this regard.

While any stock can see a spike in price for a short period, it takes a real momentum player to deliver positive returns for a longer time frame. CMC meets this criterion too, as the stock gained 2.7% over the past 12 weeks.

Moreover, the momentum for CMC is fast paced, as the stock currently has a beta of 1.26. This indicates that the stock moves 26% higher than the market in either direction.

Given this price performance, it is no surprise that CMC has a Momentum Score of A, which indicates that this is the right time to enter the stock to take advantage of the momentum with the highest probability of success.

In addition to a favorable Momentum Score, an upward trend in earnings estimate revisions has helped CMC earn a Zacks Rank #2 (Buy). Our research shows that the momentum-effect is quite strong among Zacks Rank #1 and #2 stocks. That's because as covering analysts raise their earnings estimates for a stock, more and more investors take an interest in it, helping its price race to keep up.
 
There are several stocks that currently pass through the screen and Commercial Metals (CMC) is one of them. Here are the key reasons why this stock is a great candidate.

A dash of recent price momentum reflects growing interest of investors in a stock. With a four-week price change of 6.1%, the stock of this manufacturer and recycler of steel and metal products is certainly well-positioned in this regard.

While any stock can see a spike in price for a short period, it takes a real momentum player to deliver positive returns for a longer time frame. CMC meets this criterion too, as the stock gained 2.7% over the past 12 weeks.

Moreover, the momentum for CMC is fast paced, as the stock currently has a beta of 1.26. This indicates that the stock moves 26% higher than the market in either direction.

Given this price performance, it is no surprise that CMC has a Momentum Score of A, which indicates that this is the right time to enter the stock to take advantage of the momentum with the highest probability of success.

In addition to a favorable Momentum Score, an upward trend in earnings estimate revisions has helped CMC earn a Zacks Rank #2 (Buy). Our research shows that the momentum-effect is quite strong among Zacks Rank #1 and #2 stocks. That's because as covering analysts raise their earnings estimates for a stock, more and more investors take an interest in it, helping its price race to keep up.
$49, up on their ER
 
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