Has the tide changed ?

Peter8519 said:
Gas is a significant part of spending and about 60% of crude is used by cars. EV sales in 2022 was 5.8% and up from 3.1% in 2021. It used to be less than 1%. IF this trend accelerate, it will reduce pressure of gas demand.
More...
%%
EXACTLY;
State Farm Insurance + Brokerage commented once\ cheap gas can result in an uptrend market/ as people can buy more mutual funds + stocks.
SSO+ QQQ still above 50 dma/good uptrend.
.Lot of oil stocks down\ YTD;
not a prediction + not insured by any federal agency -thank God:D:D
 
About a year ago seasoned curly fries were 1.68 at Wall World. Now the feckin things are 3.35. Pisses me off because I love those things.:mad:
 
Innervoice said:
Yields dropped big today … This market is getting difficult to trade. I was stopped out a lot today.
More...
%%
Good to see MA[mastercard inc] take out the 50dma + red weekly lows, sorry it took out the weekly highs early in the week.
Looks like the interference in sporting goods stores kicked back + backfired on them.[FOX business news reported they ''paused the work'' on that nonsense LOL:caution::caution:]
Cut a loss on SH[edit= inverse] related short,+ smaller profit on tech ETF inverse.
May get short thru a SPY inverse again if still below 200 day moving average.
 
Last edited:
Investors are like those little Impalas at a watering hole in Africa. They are skittish and carefully approach the pond to get a drink but any little sound or rustling in the bushes and they are gone like a shot. Could be a lion trying to eat them. I think this collapse of SVB/SIVB has been the lion in the bushes.
 
Fed now between a rock and a hard place. They need to keep ratcheting up rates. But if SVIB turns out to not be the only bank with this problem stemming from bond losses, then they’ll need to add liquidity to the markets.
 
KGTrader4 said:
Fed now between a rock and a hard place. They need to keep ratcheting up rates. But if SVIB turns out to not be the only bank with this problem stemming from bond losses, then they’ll need to add liquidity to the markets.
More...

I dunnno' whether it is a blessing or a curse that the FOMC is now in commentary blackout period before the meeting.
 
You must log in or register to reply here.
Back
Top