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Stock Market

GeorgiaGirl

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Two things that I'm starting to be suspicious of:

1. The growth stock rally was just end of quarter markups.

2. "They" probably have an idea that the Fed is going to announce in the fall that they're going to begin tapering in December or January, based off things that I've heard recently (the DXY has gone up during tapering in the past and the long end bond yields have gone down during tapering, and the DXY and long end bond yields are down today).
 

Avalanche

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Fed directly and/or its proxies continue to support markets. Why? Because the equity market symbolizes the health of the economy. Nothing else matters. Above the surface, below the surface, on the surface, it doesn't matter. This has been going on for a decade and will continue. Maybe if you get another black swan like Covid, things will change. But only for a while. It's really simple.
Been a while since we've had a major rate hike. Really hard time right now figuring out where to place hard-earned capital. One thing, definately not in CD's or time deposits unless otherwise convinced to do so.
 

VegasEagle

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Been a while since we've had a major rate hike. Really hard time right now figuring out where to place hard-earned capital. One thing, definately not in CD's or time deposits unless otherwise convinced to do so.
I like Apple under $130 and still feel it will be ok over that. It just a slow stair stepper up over the long run
 

GeorgiaGirl

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What Apple has done for the past two months is amazing. Shades of last year.

There will likely be a drop because of how hot this run has been, but that doesn't make it not amazing.

I remember saying in April that not much else is going to matter if Apple wakes up with the Nasdaq...well there you have it, it happened, just later than I thought.
 

Lickwx

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Can’t. Lost it all in CATV this week 💀
I now understand your investment strategies . Invest in totally groundbreaking industry changing technology like ..... cable . Seriously , it’s called “ 4CABLE TV INTL INC” . Come on jimmyyyyyyy! Gives us our money! I request a jimmy ban from this thread ! Now ! Mngrs . Hello is this thing on!

Jesus man next you will be recommending we invest in Enron!
 

Broken024

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I now understand your investment strategies . Invest in totally groundbreaking industry changing technology like ..... cable . Seriously , it’s called “ 4CABLE TV INTL INC” . Come on jimmyyyyyyy! Gives us our money! I request a jimmy ban from this thread ! Now ! Mngrs . Hello is this thing on!

Jesus man next you will be recommending we invest in Enron!
VHS manufacturers are the next big thing.
 

GeorgiaGirl

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Shooting star weekly candle for the NDX.

Welp. I shouldn't have been talking and the small cap tech weakness was indeed a canary in the coal mine.

Very notable because the Dow posted one a couple months ago and it can't make a higher high since then. In fact it likely just posted a similar weekly rejection to one in June where it was very weak afterward.
 

GeorgiaGirl

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The Russell 2000 could be up or down 1.2% at 8:30 tomorrow morning in premarket and neither would surprise me.

Reason I mention them is they're probably of most interest right now. If this index doesn't bounce like...soon, there's not much resistance underneath and the easiest path would be for it to roll over and likely take everything with them, a lot like how the Nasdaq took everything with them last fall, only it took a lot longer (months) to transpire this time.

Frankly surprised it's held up for as long as it has too. In March it went down over 9% as fast as it went up that much and hasn't done anything since.
 

GeorgiaGirl

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If TNX being crushed this badly isn’t another bond short margin call in Europe, the small caps are likely already unsaveable this time.
 
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