One of the many reasons why M1 doesn't work like it used to:-
We can thank the Chinese for our "muted" inflation as well as Fed number juggling.
Chinese workers for creating all the low, or lower than we can produce, goods.
Chinese gubmint for buying our crap Treasuries.
Probabilities are you will be fried again if you hold.Bought inverses yesterday end of day for swing.
Monday narrow range, slightly up is the call with Nasdaq strongest. Gold probably up as well.Probabilities are you will be fried again if you hold.
I'm seeing Monday as an upday.
GXE.TO new 52 week high TODAY. US GDP +6.8% fourth quarter annualized. Corporate earnings forecast 10-15% up this year. Correction being met by cross winds as companies like VISA, MICROSOFT, AAPL post huge earnings. WTI at $88+ seems bullish on the economy to me.
Did you miss all that ? Corrections are a normal stage of markets.
Probabilities are you will be fried again if you hold.
I'm seeing Monday as an upday.
GXE has gone from 1.16 old high to 1.37 today. I'm also riding CR ( Crew Energy ) up from 3.20 recently to 3.71 now ( 52 week high 3.80 ).
%%Despite yesterday up and I lost $, markets still trending down near 200sma.
Bought inverses yesterday end of day for swing.
Not going to swing trade stocks til Russia vs Ukraine resolution. If Russia invades mkts drop.
Maybe small size F DKNG SPCE OXY HAL