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Misc Stock Market

Brazil's inflation is 12% and rising. 13% interest date is just barely making a dent in their inflation.

Interest rate:

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Inflation:
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Apple breaking out. 9.1% CPI print, JPM with huge economic warnings and Apple above its ema’a breaking out. I don’t get it…

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The FOMO movement really destroyed alot of lives. Imagine being a home you payed 100k over asking for. Lot's of people are just going to walk away like 2009
The only positive is hopefully people took advantage of 3% interest rates. We didn’t have that in 2005-2009.
 
How do we even trade this? Christ
Follow Pelosi. You would be winning.

 
The market is doing one of two things, either front running the Fed where they start cutting rates on Jan 23 (which the bond market is saying) or the market is praying for a Fed pivot. I think with fed officials preaching 75bps hike as opposed to the market saying 100 bps is telling the market the Fed pivot ain’t far away. But damn where are the dead bodies outside of crypto.
 
The market is doing one of two things, either front running the Fed where they start cutting rates on Jan 23 (which the bond market is saying) or the market is praying for a Fed pivot. I think with fed officials preaching 75bps hike as opposed to the market saying 100 bps is telling the market the Fed pivot ain’t far away. But damn where are the dead bodies outside of crypto.
Market came out of that bull pennant hard there at the close. Might be time to establish a long position next week.
 
Q’s and SPY have bounced off $280/$370 4 straight weeks now. Clean pivot to track now.

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Market came out of that bull pennant hard there at the close. Might be time to establish a long position next week.
Not sure I would. I talked to an Auto finical support rep for the dealerships in the southeast, and, he said a LARGE bomb is about to hit the car market. Also, talked to the largest home builder in the U.S.A. and they are struggling big time.
 
Not sure I would. I talked to an Auto finical support rep for the dealerships in the southeast, and, he said a LARGE bomb is about to hit the car market. Also, talked to the largest home builder in the U.S.A. and they are struggling big time.
Any truth to a market bottoming before the recession and not during?
 
Any truth to a market bottoming before the recession and not during?
The market bottoms when it believes what is causing the market to turn down is fixed. Best case I can give you is March 2009 when they fixed mark to market that was the day the market bottomed even though we were still in a recession. If the market believes the fed will stop tightening it will bottom at that point. Another good example is the market high was January 3rd which was 6 months before the recession.

Based on the sell off we have already had the market has priced in an ISM of 41ish. As long as we don’t go much below that it is “priced in”
 
The main catch going into next week is the last time OPEX/VIXperation lined up this way was April. If it were to go similarly, SPX will get pounded by Thursday at the latest.

If it doesn’t go similarly, then something is off. It’s feeling that way to some extent as it is with the 90%+ down volume fail on Thursday (suggesting that sellers are out of gas), but I hate that July VX hasn’t expired. The monthly VX expirations have been turning points this year.

Now if something does turn out to be off, this could easily just be like the second half of March instead of a bottom for good, which frankly we're due for something like this anyway.
 
$AAPL over $150 in pre-market. Earnings next week...Apple is the market, if it beats and guidance is solid than we rally...but if it's cautious this house of cards is going to be crumble.

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We need a Pelosi ETF. AMD and NVDA both moving. Not sure how any of this legal but she's a multi-millionaire for a reason...it's not from playing fair.


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QQQ above it's 50dma for first time since April. $296 big resistance.

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Added some $GOOGL here at $111.70. Stop $108.70. I will accumulate down, and have bids set. Feel like we are going to see the bottom drop out to clear stops before they let it run.

It's being held down while very bullish call flow is being bought up.

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Google deaily ema's are really tight...big move coming. I am long but doesn't mean it's going up.

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Q's broke DTL today...Pelosi long tech...all we need to know.

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Instead of buying cryptoscam you could buy MARA....crypto miners can really move. Us retail folks will buy any garbage.

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At this point, a major guide down or something has to be coming from Google on the 26th because this no longer makes sense (of course, while I say this, I did also say on the day AMZN was pounded post-earnings that if this selloff makes sense, then the price of Apple, Google, Microsoft, and Tesla no longer makes sense, and they likely have beatings waiting for them). If so, it's likely going to $90, although I don't think it'll be in a straight line.

Was thinking that it doesn't make sense for it to be trading this badly with the Nasdaq attempting a break from the downtrend earlier today before the Apple news, and...sigh. I think that's #2 as it kinda tried on the 8th.

Just wish they ran it last week as I was thinking about selling calls if it was at $120 (really just going off feel here lol).
 
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