Tomorrow will be a BRUTAL day in the market

[KCalhoun]

Market burns, crash imminent


FedEx miss = major canary

 

[DaveV]

Why? I'm bearish medium term, but I'm thinking maybe options expiration tomorrow may hold this up just another day.

Because FedEx pre-released earnings after market close, and it was about as bad a forecast as I have ever seen. FedEx forecasted Q2 EPS of $2.65 vs the consensus $5.48 (which FedEx had confirmed in June). Furthermore FedEx is blaming macroeconomic (as opposed to company-specific) forces.

 

[guest_trader_1]

Maybe not quite as bad as the 5% down day a few days ago, but BAD. Rest assured.

If you are calling it, it won't happen.
Soyunperdedor was a better nickname for you. Why have you changed it?

 

[vanzandt]

buy the dip (somewhere) in the next 3 trading days.

 

[Handle123]

I like to see a rally to sell.

 

[KCalhoun]

I want to scale into 5k shares UVXY @$10-14 and sell @$19-20 within 6 weeks

 

[Overnight]

buy the dip (somewhere) in the next 3 trading days.

Buy the dip into the next three trading days? That leads us right into the Fed decision on Wednesday next week. What does your magic pencil say?

 

[MacBookProHo]

but BAD. Rest assured.

Tomorrow in the market will be....Business as Usual. Nothing to get excited about, or bored about, or neutral about.

Every hype story buildup leading to an event....turns out to be a dud. Leave emotions out of trading.
Be a boring/neutral person, with no expectations....but to just trade.
Your mind and personality, for the most part, is your own worst enemy.

 

[SoyUnGanador]

WTF?? Weren't you like the baddest permabull this forum has created?

LOL. I always have focused on calling up days. But like yall said over and over, don't overlook the downside. So I will call both huge up and down days from here on out. And tomorrow will be BRUTAL to the downside. Prepare to cry longs.

 

[SoyUnGanador]

you failed to support your statement with
facts/data/reasons.

trading is not a guessing game.
it is a serious business.

tread creator should be a value adder.
if not, don't bother to create a new thread.

I can feel it. I'm pretty sure if I keep getting things right I'm a value adder, despite whether I've justified it enough for you!