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Misc Stock Market

Really wasn’t looking for an up day yesterday but that was disappointing. That move into 4320 or so in premarket looks like a liquidity grab (and understandable because it really did look as if there was not much selling juice on Thursday).

I can't imagine that we see a big gap down on Sunday for the third week in a row, but considering that the war hasn't stopped, it probably happens. Probably down Monday and Tuesday and then I wouldn't be surprised if Wednesday opened higher for the 3rd week in a row because shorts probably front run the "unwind hedges" effect and are currently in full control. It likely takes a surprise like late January to throw things off again.

(coming from a library instead of at home as I still don’t have very functional internet, outside of a couple hours at night recently where I got lucky, AT&T is a few days away from possibly losing a customer for their internet)
 
That comment was followed by this lol
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Things heating up in the world . You would think we have a red day tomorrow or Tuesday and a Huge run up Wednesday for the fed meeting. But , everything I thought I knew about this market I was wrong on so.....
aaafc59d9d619c912fb872e0f5b2de2c.jpg



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Storm5 said:
Things heating up in the world . You would think we have a red day tomorrow or Tuesday and a Huge run up Wednesday for the fed meeting. But , everything I thought I knew about this market I was wrong on so.....
aaafc59d9d619c912fb872e0f5b2de2c.jpg



Sent from my iPhone using Tapatalk
Click to expand...
Tomorrow going to rip after more peace in our time tweets. Rock and a hard place for the market, though. Peace = extra cover for the Fed to fight inflation.
 
Rain Cold said:
Tomorrow going to rip after more peace in our time tweets. Rock and a hard place for the market, though. Peace = extra cover for the Fed to fight inflation.
Click to expand...

We will see . Talking about getting closer and signing are two different things . Although I hope for a pump cause I bought Amazon 2930 calls Friday lol


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You would think that the Fed announcing what they're going to do on Wednesday would cause volatility to get crushed, which at least "should" lead to a rally, unless what's announced is more hawkish than expected.

Problem is, it's OPEX and quad, which has generally been bearish.

So, I think bottom comes intraday on the 21st at 3960-4040.

Even if this is a 2000 or 2008, it should last for a while. March tends to produce durable bottoms.
 
GeorgiaGirl said:
You would think that the Fed announcing what they're going to do on Wednesday would cause volatility to get crushed, which at least "should" lead to a rally, unless what's announced is more hawkish than expected.

Problem is, it's OPEX and quad, which has generally been bearish.

So, I think bottom comes intraday on the 21st at 3960-4040.

Even if this is a 2000 or 2008, it should last for a while. March tends to produce durable bottoms.
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Agree. Monday following quad witching during these bearish engulfing type setups usually at least tags a substantial wick below the previous Friday’s lows.
 
History says…buy the dip

 
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This is quite a bold market prediction. So, I don’t know if I buy it:

www.theonion.com

Finance Whiz Predicts The Dow Will Open At 9:30 A.M. Tomorrow

AVON, CT—Making the proclamation with “99% certainty,” finance whiz Seth McTurner predicted Tuesday that the Dow would open at 9:30 a.m. tomorrow. “I’m calling it now: The Dow will open tomorrow morning at half past nine,” said McTurner, whose words were heeded by thousands of investors across...
www.theonion.com www.theonion.com
 
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Bulls about to get taken to the woodshed when they buy in to the gap up at open tomorrow morning, then get crushed when we end the day 2%.

Or not, I don’t know anything. ?
 
DAX dropped almost 24% in first 2 months of the year and has erased more than half of that in a week. V shape rally for the win…

Screen Shot 2022-03-14 at 6.47.23 AM.png
 
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