MARKETS,Anybody even yet?

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FAA
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Re: MARKETS,Anybody even yet?

Post by FAA »

+1.1%, +1.6%, +2.3%. I was +1.02% today.

wildman49
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Post by wildman49 »

All the biggies are melting down MSFT, META might mark a short term low.

FAA
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Post by FAA »

+0.01%, -0.7%, -2.04%. I was +0.04% today. Tech wreck killed a more substantial day.

FAA
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Post by FAA »

+0.6%, -0.6%, -1.6%. I was -0.3% today.

FAA
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Post by FAA »

+2.6%, +2.5%, +2.9%. I was +1% today.

olds442jetaway
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Post by olds442jetaway »

I could be wrong because the market overall is such a crap shoot, but I think this has just been another dead cat bounce. Another big Fed rate hike is imminent, gas prices headed up again, inflation bad, interest rates on the upswing almost daily, and International situations getting worse by the day too. I think the people still spending like drunken sailors will come to an end soon less one segment. Those that will spend themselves right into bankruptcy.

FAA
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Post by FAA »

-0.4%, -0.8%, -1%. I was -0.4% today.

FAA
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Post by FAA »

-0.2%, -0.4%, -0.9%. I was -0.1% today.

wildman49
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Post by wildman49 »

olds442jetaway wrote:
Sat Oct 29, 2022 7:38 pm
I could be wrong because the market overall is such a crap shoot, but I think this has just been another dead cat bounce. Another big Fed rate hike is imminent, gas prices headed up again, inflation bad,
This FED Powell setting the market up for a 1987 type crash. Friday 8:30 numbers surely going to be hot along with hot CPI next week. You can get a feel for this market it rallied ahead of todays meeting like a pause on rates was coming. Bulls just getting ahead of them self.

2 more rates hikes coming and might even be more depending on CPI. By March however the CPI yoy will start to get easier. Who knows if this market can hang in that long or will the bottom fall out, then FED Powell will have to halt hikes.

FAA
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Post by FAA »

-1.6%, -2.5%, -3.4%. I was -1.3% today.

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