Posted by DigiNomad on 8th of Mar 2024 at 10:31 am
SPX - 5300 by next Wednesday? That might be too pessimistic...
I didn't watch the SOTU last night, but I'm guessing that if
you listened carefully there were a lot of promises made that would
require large increases in Federal deficit spending probably while
saying out of the other side of mouth that deficit would be reduced
by "paying fair share" or some nonsense like that. Anyway, it
was hard to imagine a down market today no matter what the jobs
number was with people coming in with dreams of manic Gov spending
dancing in their heads.
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ES 50 point bounce off
5/1 ES Levels June Contract (ESM24)
Posted by steve on 8th of Mar 2024 at 10:23 am
ES 50 point bounce off noted support (5143) in newsletter - now churning at this level
SPX - 5300 by next
Posted by DigiNomad on 8th of Mar 2024 at 10:31 am
SPX - 5300 by next Wednesday? That might be too pessimistic... I didn't watch the SOTU last night, but I'm guessing that if you listened carefully there were a lot of promises made that would require large increases in Federal deficit spending probably while saying out of the other side of mouth that deficit would be reduced by "paying fair share" or some nonsense like that. Anyway, it was hard to imagine a down market today no matter what the jobs number was with people coming in with dreams of manic Gov spending dancing in their heads.