Pull your chair up, grab some pizza and a beer, and prepare for fireworks tomorrow...

No thanks; I'm aware that there are morons in this world. Far, far too many of them. I don't need pointers to any more... I filter them out of my world as they identify themselves - which they usually do quite quickly.

C'Mon dude...An ET poster that thought the human intestine was a mile long. You KNOW you want it, and you KNOW you want me to give it to you.
 
C'Mon dude...An ET poster that thought the human intestine was a mile long. You KNOW you want it, and you KNOW you want me to give it to you.

peter-cushing-as-dr-van-helsing.jpg
 
The PCE comes out tomorrow, which is what the Fed watches, 3 trading-days before rate-decision day.

Ergo, all the bad news is NOT out yet. Personally, I hope a negative read. Would be great for bulls.

The consensus is that the PCE is supposed to be lower than the last month. If that's the case, the market should be up tomorrow. It will be volatile for sure.
 

As I posted many weeks ago, inflation has crested already just takes time for the data to catch up. If anything the rate hikes have been too aggressive ( watch as the narrative changes in 2023 ). One interesting divergence I've been watching and trading in the last two weeks are a lot of left for dead small caps on the TSX venture are getting some life. Might have been a leading sign.
 
Last edited:
All the bad new is out. Todays after-hour plunge was the big blow-off sale. From here we go higher. Starting tomorrow. The Naz may crater at open, but the SPX and DJIA will start off up or down just a little bit, and will soon go (more) positive, and that will cause the Naz to come roaring back.

Bookmark this thread, so you can come back to it later and say "Yea, Soy told me so, just like he did so many times before"...

If anyone traded on your posts this week they lost money; Calhoun is often similar. Yet you are both on here claiming many glorious victories.
 
Last edited:
Back
Top