Stocks tanking now as soon as Biden speaks about the Ukraine crisis. So predictable.
What is predictable is this is very much a momentum driven market, mob mentality rules. Very little in the way of fundamentals drives much anymore. And ever since covid the retail mob has come in and they buy every dip. Institutions don't fight that....well they tried and they got crushed with GME/AMC.
Unemployment is very low and wages are up. More money going into the market weekly with 401k's.
The 3:30 recession ended at 3:45Stocks tanking now as soon as Biden speaks about the Ukraine crisis. So predictable.
Yeah, as soon as the speech ended, it recovered. Haha.The 3:30 recession ended at 3:45
Almost as bad as the recession at 12:30 ?Yeah, as soon as the speech ended, it recovered. Haha.
Yeah, as soon as the speech ended, it recovered. Haha.
I just don't see it . To much uncertainty with Russia , fed minutes , Bullard speaking Thursday . Could be wrong , but it rejected resistance literally like 8 times today so it's gonna take something big to get a $450 break this week .So, NVDA reports tomorrow actually, so there's freedom for whatever to happen.
But I gotta say, if Russia isn't launching an attack tomorrow (if there is a specific report that "an attack is going to happen at 3 AM eastern on Wednesday", then if you want to make the west look bad, then why would you actually do it if you do have plans to do it?), I can't imagine that we get 4 out of 5 tape bombs.
But I didn't think we'd get 3 straight tape bombs (there was one yesterday for a little while, even though the Russia stuff that was put out there got dismissed), so never say never. Maybe we get 5 out of 6 tape bombs...or maybe I go 2 for my last 2 on my feel (as I was feeling last night that you weren't going to see a similar reaction to PPI as what was seen with CPI).
Now, if Russia is doing something like annex Donbass, then we are going to get hit tomorrow for sure. What happens after is anyone's guess though.
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So the reports of troops going home this am that were only reported by Russia still haven't been verified and we still have us intelligence sounding the alarm that they are going in soon .
Either way fed minutes will create a blood bath tomorrow afternoon with or without more Russian news
World war 3 is priced in already. We good till ww4.
Well I have been burned so many times with shorts that I rarely do it anymore. This market just wants to go up.I'm wrong a lot thought so .......
Last fed minutes release caused a 2 percent drop. Short term I'm buying weekly puts . Hope for a dip for sure cause you are right it would be a great buying opportunityRegarding what I bolded regarding the Fed minutes: When it appears to be this certain in the markets, that means it likely is far from certain. Maybe a lot of that is already priced in. Could be a buy the bearish news scenario (opposite of selling off on bullish news). Has most everyone already sold on this in advance?
But I gotta say, if Russia isn't launching an attack tomorrow (if there is a specific report that "an attack is going to happen at 3 AM eastern on Wednesday", then if you want to make the west look bad, then why would you actually do it if you do have plans to do it?), I can't imagine that we get 4 out of 5 tape bombs.