GBA Presents: House of Gummy-!
- Thread starter stonedinvestor
- Start date
His followers will sing his praises no matter how wrong he is. We are dealing with lunatics detached from reality.
Look at this salacious MF*er.////
" Maybe we are getting the long awaited correction.. and if that's true-- sell sell sell. "
Analyze that statement carefully- what a prick.
" Maybe we are getting the long awaited correction.. and if that's true-- sell sell sell. "
Analyze that statement carefully- what a prick.
Ok so first ages ago his " Club " sold tech // then tech ripped.
Then he went negative during that period I was laughing at him and calling out Day 3 of the Cramer Correction is everyone Ok? Etc.
Then he flipped and said everyone has to own some of these big AI leaders... then he flipped on that and sold. Then he bailed on cyber security warned that the correction might be here and said sell sell sell.
then two days later.
Then he went negative during that period I was laughing at him and calling out Day 3 of the Cramer Correction is everyone Ok? Etc.
Then he flipped and said everyone has to own some of these big AI leaders... then he flipped on that and sold. Then he bailed on cyber security warned that the correction might be here and said sell sell sell.
then two days later.
Yours truly had a little stumble with his STOCK OF THE WEEK. I was hoping for good news after a conference and instead I got a pie to the face- A downgrade. But you know what it was a downgrade from a left behind analyst who had to raise his PT to just stay even with the name- so I see resentment and a want to make their first call correct. And that call even though it was buy obviously had a bad PT.
I have not read the report.
Now that was no small purchase. I have to be careful here-- unlike some who just yell out nonsense and don't buy anything-- I buy every stock I recommend or certainly try to- if I don't buy it I am actually watching it with the thought of buying it.
So I have a pretty large decision to make on OLED.
I have not read the report.
Now that was no small purchase. I have to be careful here-- unlike some who just yell out nonsense and don't buy anything-- I buy every stock I recommend or certainly try to- if I don't buy it I am actually watching it with the thought of buying it.
So I have a pretty large decision to make on OLED.
PDYPY
Flutter Entertainment Is Your Stock Of The Week-
Flutter Entertainment Is Your Stock Of The Week-
Dec 30 I published this- THE FACE ON THE MARKET- we should bring these thoughts back to our memory banks now--
"Reaching an all-time high is a significant market milestone. And stocks do not suddenly reverse from there," Lee said.<--------
But the stock market hitting record highs in January will likely soon be followed by a pullback of about 5% sometime in February or March,
representing a period of consolidation for the stock market after it staged a 16% rally since the end of October.
"In the current context, we could see S&P 500 4,400 to 4,500 once we make all-time highs, or a modest pullback," Lee warned. "This is consistent with our 2024 Year Ahead Outlook, where our base case is the S&P 500 makes most of its gains in [the] second half of 2024."
Lee offered the following four reasons why he expects stocks to stage a pullback after January.
1. The market could be getting ahead of the Federal Reserve in terms of interest rate cuts. While the Fed expects only three interest rate cuts in 2024, the market is currently pricing in six interest rate cuts next year. Any pullback in expectations of how many times the Fed cuts interest rates next year could lead to downside volatility in stocks.
2. "AI timeline could be pushed out due to a 'systematic hack' by malevolent AI," Lee said.
3. "Equity markets need to consolidate the parabolic gains from late 2023," Lee said.
4. "A drawdown in February/March timeframe is consistent with election year seasonal returns," Lee said.
"Reaching an all-time high is a significant market milestone. And stocks do not suddenly reverse from there," Lee said.<--------
But the stock market hitting record highs in January will likely soon be followed by a pullback of about 5% sometime in February or March,
representing a period of consolidation for the stock market after it staged a 16% rally since the end of October."In the current context, we could see S&P 500 4,400 to 4,500 once we make all-time highs, or a modest pullback," Lee warned. "This is consistent with our 2024 Year Ahead Outlook, where our base case is the S&P 500 makes most of its gains in [the] second half of 2024."
Lee offered the following four reasons why he expects stocks to stage a pullback after January.
1. The market could be getting ahead of the Federal Reserve in terms of interest rate cuts. While the Fed expects only three interest rate cuts in 2024, the market is currently pricing in six interest rate cuts next year. Any pullback in expectations of how many times the Fed cuts interest rates next year could lead to downside volatility in stocks.
2. "AI timeline could be pushed out due to a 'systematic hack' by malevolent AI," Lee said.
3. "Equity markets need to consolidate the parabolic gains from late 2023," Lee said.
4. "A drawdown in February/March timeframe is consistent with election year seasonal returns," Lee said.
WE HIT A RECORD HIGH THEN AND NOW WE HAVE SURPASSED IT--
So it is important to keep our eyes peeled for a " Nominal New High " I don't know if they still use that term but lets say an unconvincing new high.
Now going against that concept is the HF community.
Some of these guys missed the whole trip to get here-- doubting all the way-- so FOMO has created a situation where unlike our initial move off the lows where nobody had tech, they all do now. Lots of it.-
That can drive us for a while. Keep an eye on buybacks, I suspect they will dry up./
So it is important to keep our eyes peeled for a " Nominal New High " I don't know if they still use that term but lets say an unconvincing new high.
Now going against that concept is the HF community.
Some of these guys missed the whole trip to get here-- doubting all the way-- so FOMO has created a situation where unlike our initial move off the lows where nobody had tech, they all do now. Lots of it.-
That can drive us for a while. Keep an eye on buybacks, I suspect they will dry up./
If this kid grows up to be leader of China we are all in trouble-
Ey Stoney...
People in glass houses should not cast stones. A few quotes from the last 30 days.
Not gloating, just saying lay off Cramer and worry about Stoney. Because you were wrong buddy.
Markets aren't easy, nor is doing a nightly show like his. When you can sit down and interview one Fortune 500 CEO after another, and have these yoyo's on speed-dial... then you can talk. Not a bunch of loser hedgies drinking away their misery in some Midtown bar.