The fed will be coming to the rescue as they always do. Anyone thinking they are going to jolt rates higher by 50 basis points better think otherwise because it's not happening, yes energy amd oil prices are up but other asset prices will start to deflate as overall asset prices drop even further. There are 25 million new investors out there in the last 2 years and every one of them has never in their lifetimes felt this sort of market drop and these same people who probably liked to buy all these goods and services after making a little bank in the stock market are now going to tighten up their wallets after seeing the markers fall. So putting this into the equation the fed will NOT do a 50 basis point hike and will depend on lower equity prices to do the job of bringing down higher inflation on all assets across the board. They may do a 25 basis point hike just to show how tough they are however it won't last long. The lower equity prices go the further measures the fed has to take even though most people believe the fed doesn't save markets. Well just sit back and watch the fed come and save the markets once again as they ALWAYS do.
Gotta love ZERO RISK in the SP500 = $$$
- Thread starter makloda
- Start date
The question is how much further will the markets fall before the Fed are successfully able to come to the rescue.
The S&P fell over 55% in 2008 and 30% in 2020.
Currently the S&P is down less than 15% from all time highs.
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Pipe down, BTFD, and get with the program.
Calling the Current State of the Market a 'Correction' Is a Joke
From my perspective, this is a roaring grizzly bear of a market.
By JAMES "REV SHARK" DEPORRE
Feb 23, 2022 | 12:12 PM EST
The traditional media is taking note today that the S&P 500 is now in 'correction' territory which is defined as a drop of 10% from highs but less than 20%. At 20%, the correction becomes a bear market.
It is not clear where these definitions come from, but it is likely that journalists that needed a convenient shorthand for characterizing the market in a headline were involved.
Most of the time, the 'correction' and 'bear market' definitions do provide some good insight into market conditions, but as I've been discussing for nearly a year now, there is a giant disparity between the indexes and various sectors and calling the current state of the market a 'correction' is a joke.
This graph provides a much better picture of what market participants are dealing with. Over 50% of the stocks in the S&P 500 and nearly 80% of Nasdaq stocks are already down at least 20% and in technical bear markets. Nearly half of the Nasdaq stocks have been cut in half.
Despite these daunting numbers, the S&P 500 just managed to slip into a correction yesterday and would have to suffer a severe beatdown to be in the bear market territory.
Because the media and institutional Wall Street focus so much on the indexes rather than the internal stats, they don't report the reality of the damage that has been done. It keeps sentiment more positive than it should be, and that makes it harder for all those broken stocks out there to find support.
From my perspective, this is a roaring grizzly bear of a market, but for the folks on television, this is just some routine correction. The good news is that I'm looking for the end of this bear market while the folks on TV are still trying to figure out if one has even started.
https://realmoney.thestreet.com/inv...ion-is-a-joke-15921399?puc=yahoo&cm_ven=YAHOO
From my perspective, this is a roaring grizzly bear of a market.
By JAMES "REV SHARK" DEPORRE
Feb 23, 2022 | 12:12 PM EST
The traditional media is taking note today that the S&P 500 is now in 'correction' territory which is defined as a drop of 10% from highs but less than 20%. At 20%, the correction becomes a bear market.
It is not clear where these definitions come from, but it is likely that journalists that needed a convenient shorthand for characterizing the market in a headline were involved.
Most of the time, the 'correction' and 'bear market' definitions do provide some good insight into market conditions, but as I've been discussing for nearly a year now, there is a giant disparity between the indexes and various sectors and calling the current state of the market a 'correction' is a joke.
This graph provides a much better picture of what market participants are dealing with. Over 50% of the stocks in the S&P 500 and nearly 80% of Nasdaq stocks are already down at least 20% and in technical bear markets. Nearly half of the Nasdaq stocks have been cut in half.
Despite these daunting numbers, the S&P 500 just managed to slip into a correction yesterday and would have to suffer a severe beatdown to be in the bear market territory.
Because the media and institutional Wall Street focus so much on the indexes rather than the internal stats, they don't report the reality of the damage that has been done. It keeps sentiment more positive than it should be, and that makes it harder for all those broken stocks out there to find support.
From my perspective, this is a roaring grizzly bear of a market, but for the folks on television, this is just some routine correction. The good news is that I'm looking for the end of this bear market while the folks on TV are still trying to figure out if one has even started.
https://realmoney.thestreet.com/inv...ion-is-a-joke-15921399?puc=yahoo&cm_ven=YAHOO
The "reversal song" seems to be about right for today.
Told ya so.Pipe down, BTFD, and get with the program.
did you buy anything or make any trade today 2/24/22? i brought me some spxl this morning. remember it is important you also back up your words with action. if it it just talk, then anyone can say this or that and said i told you so. talk is cheap.
I did.
About a dozen trades.
Now I spent all that time trying to explain ditm puts to you over the weekend with several in depth posts, you never said thank you once... and you wanna come in here now and be all f'ing nasty mother f'r?
You better bite your tongue bitch. I'm joking with this cat. We've both been here a long time.
I'll send my trades to Baron if you need verification... but you're gonna do the same f'n thing though and we'll see how big your bankroll is.