Call me a fool. But so far my battng average is 100%. Dow 33,000 by Nov. 23.
You’re on. My prediction Dow 23,000 by November 23. 😹
There's no point in making bets with you because you'll never own up when it doesn't happen.
So I guess that's my bet. Not only will that not happen, but you'll also make the sh!ttiest, lamest excuse just herp derping about the Federal Reserve or Joe Biden.
You’re on. My prediction Dow 23,000 by November 23. 😹
There's no point in making bets with you because you'll never own up when it doesn't happen.
So I guess that's my bet. Not only will that not happen, but you'll also make the sh!ttiest, lamest excuse just herp derping about the Federal Reserve or Joe Biden.
In other words, just the standard ZeroHedge trash
Dude, you don’t own up on your arrogance. How’s the housing market doing? 😹
There's no point in making bets with you because you'll never own up when it doesn't happen.
So I guess that's my bet. Not only will that not happen, but you'll also make the sh!ttiest, lamest excuse just herp derping about the Federal Reserve or Joe Biden.
In other words, just the standard ZeroHedge trash
Dude, you don’t own up on your arrogance. How’s the housing market doing? 😹
For the record, I went leveraged long last week: TECL, SPXL, SOXS, and TNA.
There's no point in making bets with you because you'll never own up when it doesn't happen.
So I guess that's my bet. Not only will that not happen, but you'll also make the sh!ttiest, lamest excuse just herp derping about the Federal Reserve or Joe Biden.
In other words, just the standard ZeroHedge trash
Dude, you don’t own up on your arrogance. How’s the housing market doing? 😹
Besides the fact that median home prices just hit a record high last month?
idgaf if it goes to zero. I bought the house to live in and raise a family in, not to be some wanna-be house flipping landlord.
I'm leveraged long on VOO. Will leverage more if the market drops further.
How are you leveraged?
I'm using margin to be more precise. Been lambasted here before for attempting to explain my strategy, so I don't figure anyone here agrees with me, but I'm doing it. As long as the market is back up to at least 4100 in 2 years time I'll break even. If it does better than that I'll make money. Seems likely to me. It's a calculate risk.
Oil down to 104, the 10 year yield seems to be flat to down…we might be ok today if that holds. Will be interesting to see if fundies risk a buy-in when oil and yields and stocks are down .
this is one of the oddball pieces of today's market....how confident companies and analysts are of their profit estimates. I mean GDP growth is falling like a rock but companies are telling analysts everything is just fine.
Weird. You'd expect a lot of companies to reduce estimates, take all the writedowns and stuff they've been hiding for years, blame inflation, and start with a clean slate in 2023.
But nah. Nada. I'm looking forward to seeing how this plays out for the rest of the year.
Recession calls are permeating Wall Street, Corporate America is laying off workers to prepare, and the S&P 500 is in a bear market. Despite the downbeat outlook, analysts remain confident about the companies they cover.
I'm using margin to be more precise. Been lambasted here before for attempting to explain my strategy, so I don't figure anyone here agrees with me, but I'm doing it. As long as the market is back up to at least 4100 in 2 years time I'll break even. If it does better than that I'll make money. Seems likely to me. It's a calculate risk.
Crude is falling hard to the lowest price in many weeks.
Yield on the 10 year is falling hard also.
Both of those are usually bullish for stocks.
But BTC is down, and the pattern has been to sell stocks after a big rally like yesterday.
Plus all the worry about next month's earnings season will keep people away.
But oil and bond yields have been the two biggest factors lately and they are p-lunging today. Will be fascinating to see if oil and yields buoy stocks.