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Misc Stock Market

Broken024 said:
Calls at open boys
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Yessir. I thought 432.5 would get kissed before close but it looks like they waited til after hours. If we turn bullish off these levels it’s back to 438 tomorrow. Unless the nuclear reactor explodes then all bets off
 
ce15bcc015aeb9802b8c52aea6ede1b1.jpg

Well my Amazon calls for next week are dead . Jesus


Sent from my iPhone using Tapatalk
 
Who thinks...oh, potential nuclear disaster, let's buy the dip in ES and NQ tonight on what was already a very bearish daily that was put in.

Screen Shot 2022-03-03 at 8.31.54 PM.png
 
NQ bounced hard at the $13740 level...fully expect to wake up to green futures. Well unless they turn green in the next hour.

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Rain Cold said:
Charles Nenner thinks the Dow is going to go to 5000 within the next 2-3 years max. He said the highs are in and the longer term cycles are down. He also says the war cycle is up as well as the civil unrest and inflation cycles. He's been saying that for a while.
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1. Charles Nenner has been calling for the Dow to fall to 5,000 since 7/15/10. Then, he forecasted it would drop from near 10K to 5K within 2-2.5 years or the last half of 2012. What did it actually do? It closed 30% higher at the end of 2012 at near 13K.

https://www.cnbc.com/id/38826988

Strike one!


2. He has claimed that stocks rise and fall with sunspot activity:

Sunspot Cycle and Stock Market Returns - CXO Advisory

www.cxoadvisory.com www.cxoadvisory.com

“If there is a high intensity of sunspots, markets rise, if their intensity lowers, markets go down because sunspots affect people’s mood.”

Strike two!


3. He said this in August of 2010:

"Things look really bad for the next 10 years,"

The Dow actually rose from 10K to 30K.

www.cnbc.com

Dow Faces Bouncy Ride to 5,000: Strategist

The Dow Jones Industrial Average will lose about half of its value over the next couple of years as it follows a Nikkei-like pattern of several sharp rallies in an overall decline, according to Charles Nenner, founder and president of Charles Nenner research
www.cnbc.com www.cnbc.com

Strike 4 million!! He’s out of there!!


4. On 3/10/11, he predicted a major war was coming at the end of 2012:

Former Goldman Analyst Charles Nenner: A "Major War" Is Coming At The End Of 2012

www.businessinsider.com

Strike 10 zillion! He’s not just out, he’s out of his mind!

So, here he is again predicting Dow 5,000 but this time it would be an 85% drop from the high. And he’s taking about the war cycle again. Oh brother ? . I’d even wager a bet on a prediction by wxtrix, who is so awfully bad that “she” often predicts the exact opposite of what actually happens, before I’d wager a bet based on a Charles Nenner prediction!
 
Broken024 said:
Looks like they missed eps. Not sure what guidance was (probably not great). Wrote a 15p a few weeks ago so I'll probably have 100 shares soon.
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Smith & Wesson Brands, Inc. Reports Third Quarter Fiscal 2022 Financial Results | Smith & Wesson

- Two-Year Compounded Sales Growth of more than 118% - Gross Margin of 39.6% - EPS of $0.65/Share and EBITDAS Margin of 29.2% - 2.8 Million Shares Repurchased - $107 million of Cash on Hand SPRINGFIELD, Mass. , March 3, 2022 /PRNewswire/ -- Smith & Wesson Brands , Inc.
ir.smith-wesson.com ir.smith-wesson.com
 
DOW dropped 18% in a day the last nuclear power meltdown. Food for thought. Gamble away my people
 
Broken024 said:
Looks like they missed eps. Not sure what guidance was (probably not great). Wrote a 15p a few weeks ago so I'll probably have 100 shares soon.
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I like long term. Especially at this price. Bonus : New model line just came out.
- Two-Year Compounded Sales Growth of more than 118%
- Gross Margin of 39.6%
- EPS of $0.65/Share and EBITDAS Margin of 29.2%
- 2.8 Million Shares Repurchased
- $107 million of Cash on Hand
 
Just curious: what do y’all do for work that allows you to play the market so much? I’d love to get more involved but my line of work won’t let me take the time.
 
To think that I was thinking that someone blew up in bonds again, this time in Japan instead of Europe...

To be uneasy about a nuclear issue is understandable, but it seems as if it got hyped up.
 
EmersonGA said:
Just curious: what do y’all do for work that allows you to play the market so much? I’d love to get more involved but my line of work won’t let me take the time.
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Hired business gun straggliest, real estate (small business hustle). Past, Well know stock trader (did business with Wolf of Wall Street boys, Timothy Sykes and OTC King Rainmakers right hand man) Before that is the crazy stuff with Larry Fullerton and Peter Petroff.
 
For S&P a weekly close below $430 would be bad...you can see here on the ES that $4270-$4300 level has been rejected hard each time, long wicks from those levels. Unless we get some headline that Russia/Putin is pulling out we should get follow through today and it should get a weekly close below $4300. But, our market is a total clown show and we buy the dip so I am expecting a green close.

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Europe down big...the weekly candles for DAX/FTSE are nuts.

Once the Russia thing calms down...well if it does...buying the Europe dip would make a lot of sense.

Just compare the weekly candles below the US markets above...

Screen Shot 2022-03-04 at 7.46.12 AM.pngScreen Shot 2022-03-04 at 7.46.02 AM.png
 
Fed balance sheet over just the past 12 months....almost $1.5T increase. They purchased $90B in assets just this week that's not even showing up on this chart. And Powell is surprised inflation hasn't gone down...?‍♂️

They should be thrown in jail for this stupidity.

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