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Misc Stock Market

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Great way to end the day


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SPY - $340-$345 should be quick...I hope. 1.618 fib ext is $340 so that makes sense.

Still an unfilled gap down at $344 area from 2 years ago.

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Much is being made of the 2008 similarities...does SPY try and reclaim $260 again next few weeks or is it gone....

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Was the date of execution before today? They said for the banks to "get ready".

That I don't know. There was an article from Wednesday last week showing that headline and the dollar dumped last Thursday a little . So who knows lol


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Dollar dump ? the yuan is getting nailed by the dollar right now. And with the recession China is having ain’t no way that is changing
 
?. It’s funny because it’s true. ?‍♂️


Looks like we're off to a big week! It feels like more of a relief rally though, with the Nasdaq lagging. Plus Bitcoin just meandering around. Not ideal.
 
Added some $ADBE at $295...couldn't help myself. 1/3 normal position, $275-$280 could still come so will add down there too.
ADBE fell to where I thought it would….added a good amount of shares in the $276 areas past couple of days. I do have a stop set so if it breaks $274 I’m out. Let’s see.

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Tesla missed Q3 deliveries and getting hammered. It’s embarrassingly over valued. Should be in the low $100’s and even that wouldn’t be cheap….that will never happen because Elon is so Elon

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Fed ain't gonna do that. Powell is on a mission.
I'm more convinced this is a supply chain and productivity problem rather than a rate issue. Commodity supplies are a fraction of what they were causing prices to skyrocket. Also the war on Oil which is in alot of existing products today is causing prices to skyrocket.
 
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