Posted by fredsaid on 30th of May 2022 at 11:45 pm
WOW - Holy buy TSLA on the C wave bounce up batman !
Y'all know i like forecasting ... so when the national avg. reaches
$8.10, THAT'S ALL SHE WROTE. Fred said 5/30/22. Timing
is always so blurry ... must rely on monthly charts. I think
we need some monthlys on OIL/GUSH/XLE along with the bands so we
can see what's happened to the SnP/QQQs happen to the oils and
energys. Could be in spring 2023 but man, it sure feels like
sooner.
Posted by fredsaid on 30th of May 2022 at 11:53 pm
Crazy bro. Recession is GUARANTEED. Only question is
how deep and how long - I predict in the next few weeks all we will
hear about is soft landing. The perfect storm in flight now
has never been seen in history. You draw your own
conclusions. If the fed hikes 75 in June that will extend the
timeline, if they hike 100 that will cause a serious extension and
i will even question my 2023 end projections. BUT if they
only raise 50 - bet your house on the flop ! Pun
intended.
Posted by kevindeng0727 on 31st of May 2022 at 12:32 am
Yea. What surprises me is how strong tourism industry is now
(can't find hotels/rental cars at popular places) despite the poor
consumer confidence. So it might need a bit more time - i.e.
starting to appear on headlines after a summar rally and later part
of Q3.
Posted by fredsaid on 31st of May 2022 at 02:05 am
Once pent up demand eases ... who will be traveling at $9/gallon
- answer is many but the majority that the many feed off of, will
be out and that will cause a demand drought. Until we get
there it's all lipstick on a pig.
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California Dreamin
Posted by steve on 30th of May 2022 at 09:39 pm
I still paying in. $4.75–4.85
Posted by watcdy on 31st of May 2022 at 07:59 am
I still paying in. $4.75–4.85 in NJ.
come see the beautiful nj trnpk
buy an electric car and
Posted by ruscitti on 31st of May 2022 at 07:36 am
buy an electric car and go solar
WOW - Holy buy TSLA
Posted by fredsaid on 30th of May 2022 at 11:45 pm
WOW - Holy buy TSLA on the C wave bounce up batman ! Y'all know i like forecasting ... so when the national avg. reaches $8.10, THAT'S ALL SHE WROTE. Fred said 5/30/22. Timing is always so blurry ... must rely on monthly charts. I think we need some monthlys on OIL/GUSH/XLE along with the bands so we can see what's happened to the SnP/QQQs happen to the oils and energys. Could be in spring 2023 but man, it sure feels like sooner.
I just received last month's
Posted by kevindeng0727 on 30th of May 2022 at 10:57 pm
I just received last month's gas Bill from Enbridge and it's been the most expensive one I ever got - even more expensive than winter months' lol.
Regarding recession, we should watch the ECRI WLI closely as it's approaching the -5 level which has a very good record of forecasting recessions.
Crazy bro. Recession is GUARANTEED.
Posted by fredsaid on 30th of May 2022 at 11:53 pm
Crazy bro. Recession is GUARANTEED. Only question is how deep and how long - I predict in the next few weeks all we will hear about is soft landing. The perfect storm in flight now has never been seen in history. You draw your own conclusions. If the fed hikes 75 in June that will extend the timeline, if they hike 100 that will cause a serious extension and i will even question my 2023 end projections. BUT if they only raise 50 - bet your house on the flop ! Pun intended.
Yea. What surprises me is
Posted by kevindeng0727 on 31st of May 2022 at 12:32 am
Yea. What surprises me is how strong tourism industry is now (can't find hotels/rental cars at popular places) despite the poor consumer confidence. So it might need a bit more time - i.e. starting to appear on headlines after a summar rally and later part of Q3.
Once pent up demand eases
Posted by fredsaid on 31st of May 2022 at 02:05 am
Once pent up demand eases ... who will be traveling at $9/gallon - answer is many but the majority that the many feed off of, will be out and that will cause a demand drought. Until we get there it's all lipstick on a pig.