read article by Dan Niles he says based on earning projections
etc he sees SP500 at 3000 sometime during 2023. I have a turn date
around Feb 9th so see if it works alot of my weekly stuff just
about to roll over. So see if comes true...Oh and Niles worse case
was 2400 on sp500...
Well here we go again everyone is all giddy. Than larry summers
comes out makes comment on fed should pause. well seems to me the
market is on hopieum. the fed 2% so how do you get to 2% if
the stk mkt is going up the unemplyment is not heading up and the
idiots in washington just spent another 1.7 trillion.! if and i say
if powell has a pair its 50 basis points . the bond mkt is trying
to dictate to the fed seems all backwards from the statements the
fed has made unless i missed something. things aint good when i go
to mcostco to buy my eggs and i am limted and the are double and
triple cost and my salmon is 60.00 when it was 14.00 and my steaks
are 60.00 when they were 20.00. something is rotten in demark!
every single thing i buy is up and way up and we are at 6.5
inflation rate with all these raises and stk mkt all the yoyo's
saying soft landing and no recession! when did we ever hav soft
landing! oh and i saw some housing number was up today hello.....my
sister ios mortgage broker she never been so busy and closing loans
left and right. oh and gee all the credit card companies are
killing it well does that make sense. guess we shall ses as
always...
The markets are not factoring in the 95 billion a month that
will be run off the Fed's balance sheet. So Sp500 here comes
3k-3200 and bitcoin to 10-12k yeehah! Oh i wonder if the dems give
back all the FTX money that was donated oh wait we will just print
more yeah that's a plan...oh wait that creates more
inflation.....
Yeah we can take that to the bank meaning russian defense
ministry saying didn't fire missles near the border. our
intelligence says they did think i will believe us as long as Biden
didnt do the research.
The community is delayed by three days for non registered users.
i will be watching netflix
MSFT +10 today Gates can buy a few more farms
Posted by RP on 7th of Feb 2023 at 03:30 pm
i will be watching netflix
yep just read article 80%
Algo's at work
Posted by RP on 7th of Feb 2023 at 02:45 pm
yep just read article 80% of all trading now is algos....been out i see the mkt drinking the koolaid again unreal...
haha cute! i have jack
Posted by RP on 6th of Feb 2023 at 05:15 pm
haha cute! i have jack russel as well she runs the house and is turning 18 this May...
Dollar and Vix making decent
Posted by RP on 6th of Feb 2023 at 11:13 am
Dollar and Vix making decent moves today..
Gold got body slammed!!
Posted by RP on 3rd of Feb 2023 at 04:11 pm
Gold got body slammed!!
Fed follows the hopeium stk
read article by Dan Niles he says based on earning ...
Posted by RP on 3rd of Feb 2023 at 04:07 pm
Fed follows the hopeium stk mkt it will be hard landing the numbers today confirm this is not lala land. we could hit 2400 by first qtr of 24.
yep i agree sold gdxd
GDX comments
Posted by RP on 3rd of Feb 2023 at 04:06 pm
yep i agree sold gdxd before close will go back in next week looking for at least 29.00 to fill that gap on chart. dollar also made nice move.
read article by Dan Niles
Posted by RP on 3rd of Feb 2023 at 03:43 pm
read article by Dan Niles he says based on earning projections etc he sees SP500 at 3000 sometime during 2023. I have a turn date around Feb 9th so see if it works alot of my weekly stuff just about to roll over. So see if comes true...Oh and Niles worse case was 2400 on sp500...
Looks like a break of
Posted by RP on 3rd of Feb 2023 at 03:05 pm
Looks like a break of 4100 on SP500 will head us south even more next week..........
Steve great getting folks into
Posted by RP on 3rd of Feb 2023 at 11:53 am
Steve great getting folks into hedges and pointing out the gold gdx possibilities!!
Fed screwed up listening to
Posted by RP on 3rd of Feb 2023 at 09:38 am
Fed screwed up listening to the market should have raised 50 basis points once apple is at 75.00 we may have hit the bottom.
Gold tanking long GDXD lots
Posted by RP on 3rd of Feb 2023 at 09:36 am
Gold tanking long GDXD lots gaps below to fill on GDX....
Well here we go again
Posted by RP on 27th of Jan 2023 at 03:32 pm
Well here we go again everyone is all giddy. Than larry summers comes out makes comment on fed should pause. well seems to me the market is on hopieum. the fed 2% so how do you get to 2% if the stk mkt is going up the unemplyment is not heading up and the idiots in washington just spent another 1.7 trillion.! if and i say if powell has a pair its 50 basis points . the bond mkt is trying to dictate to the fed seems all backwards from the statements the fed has made unless i missed something. things aint good when i go to mcostco to buy my eggs and i am limted and the are double and triple cost and my salmon is 60.00 when it was 14.00 and my steaks are 60.00 when they were 20.00. something is rotten in demark! every single thing i buy is up and way up and we are at 6.5 inflation rate with all these raises and stk mkt all the yoyo's saying soft landing and no recession! when did we ever hav soft landing! oh and i saw some housing number was up today hello.....my sister ios mortgage broker she never been so busy and closing loans left and right. oh and gee all the credit card companies are killing it well does that make sense. guess we shall ses as always...
https://www.marketwatch.com/story/why-the-fed-doesnt-like-stock-market-rallies-11672945830?itm_source=parsely-api&mod=mw_pushly&send_date=20230106
Posted by RP on 8th of Jan 2023 at 06:30 pm
marketwatch.com
The Fed delivered a message to the stock market: Big rallies will prolong pain - MarketWatch
Analysts say minutes of the Federal Reserve's December meeting delivered an important message to investors: big stock market rallies are unwelcome.
I just read the unions
Two rail unions vote Monday that will determine how soon ...
Posted by RP on 21st of Nov 2022 at 09:57 am
I just read the unions rejected the offer on the table..
EVERYTHING STATED WAS FACTS PROVE
The markets are not factoring in the 95 billion a ...
Posted by RP on 15th of Nov 2022 at 09:02 pm
EVERYTHING STATED WAS FACTS PROVE ME WRONG !
The markets are not factoring
Posted by RP on 15th of Nov 2022 at 04:04 pm
The markets are not factoring in the 95 billion a month that will be run off the Fed's balance sheet. So Sp500 here comes 3k-3200 and bitcoin to 10-12k yeehah! Oh i wonder if the dems give back all the FTX money that was donated oh wait we will just print more yeah that's a plan...oh wait that creates more inflation.....
Yeah we can take that
Posted by RP on 15th of Nov 2022 at 03:51 pm
Yeah we can take that to the bank meaning russian defense ministry saying didn't fire missles near the border. our intelligence says they did think i will believe us as long as Biden didnt do the research.
I'll second that smart man!!
I might have to buy Art Cashin a few drinks ...
Posted by RP on 15th of Nov 2022 at 01:57 pm
I'll second that smart man!!
Amen to that! God Bless
Gratitude/Happy Veteran's Day: A bit from my journaling this morning ...
Posted by RP on 11th of Nov 2022 at 09:29 am
Amen to that! God Bless all those who have died and are living and their families who defended this GREAT country!!!