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Misc Stock Market

More blood this week
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FB red Q’s green. Where did this idiots rotate their tech money? Pretty flat out there for the most part.
 
Storm5 said:
It's going to 430 this week . PPI tomorrow , fed minutes Wednesday and whatever Putin does . I'm literally short on 15/18 of my positions . Not holding any weeklies though . Too risky for me


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Seasonality this period is weak until end of March but it just feels like people want to buy right now.

This doesn't look bullish that's for sure. Rejected the 200dsma today.

I don't have much on right now, it's tough to get any kind of read.

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Considering going full degen and throwing some funds into UCO. Think there’s a good chance oil pumps, especially if Russia invades Ukraine. Hmm.

I made a decent play on USO (which isn’t 2x leveraged like UCO) during the depths of Covid that gave me great returns, just wish I put more into it than I did.
 
KyloG said:
Seasonality this period is weak until end of March but it just feels like people want to buy right now.

This doesn't look bullish that's for sure. Rejected the 200dsma today.

I don't have much on right now, it's tough to get any kind of read.

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Markets are ripping....people were dying to buy...until the market sentiment of buy the dip changes it's going to be tough to drive these indexes lower. I don't have much on but I am not chasing here either.

Yesterday you had to guess whether Russia was going to start a world war if you wanted to be short or long...just a total clown show of a market right now. It's like rolling craps in Vegas.
 
Should’ve posted this before I went to sleep, as it’d have looked smarter then:

I would not count on PPI producing a similar day to CPI day. Because off what I remember, it hasn’t.

Now it’s not gonna happen unless PPI is a massive beat to the upside. But I wouldn’t count on this holding because the last time the Nasdaq was up 2% before the bell at any point, it threw it away during trading hours. Previous two times were big rally days, but the last time wasn’t.
 
PPI came in crazy hot...the sentiment now is "inflation has peaked". ?‍♂️

Indexes didn't really budge on the news...Fed is still buying assets and rates are still at 0%. ?‍♂️

Unless Russia goes to war it looks like the lows from January will be the low for the year. Time to start building positions, the market just doesn't care about inflation, QE, QT or rates.
 
Prominent H&S: Negative
Prominent Double Top: Negative
S&P Rejection at 200 DMA: Negative
CPI Surprise Upside: Negative
PPI Surprise Upside: Negative
Fed Speakers Bearish: Negative
Fed to hike by 50 bps in March: Negative
GG/Reddit Index: Bearish

Outlooks for stocks: Bullish
 
Rain Cold said:
Prominent H&S: Negative
Prominent Double Top: Negative
S&P Rejection at 200 DMA: Negative
CPI Surprise Upside: Negative
PPI Surprise Upside: Negative
Fed Speakers Bearish: Negative
Fed to hike by 50 bps in March: Negative
GG/Reddit Index: Bearish

Outlooks for stocks: Bullish
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