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Joined: Feb 2008
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Campfire Outfitter
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Campfire Outfitter
Joined: Feb 2008
Posts: 8,685 Likes: 2 |
Inflation is not Cum’n down without a lot of Pain.. Volker caused two Recession on purpose how many Recessions will Powell cause don’t know.. It will happen by Him or without Him.. Wealth Destruction is a Certain…
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Joined: Sep 2018
Posts: 2,073
Campfire Regular
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Campfire Regular
Joined: Sep 2018
Posts: 2,073 |
Woohoooooo!!!!!!!!!! Up 6 hundo to start the morning....... Anyone want to venture a guess as to what's coming by weeks end * spoiler alert - it ain't the tooth fairy*[i][/i][color:#FF0000][/color]
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Joined: Oct 2021
Posts: 11,070 Likes: 7
Campfire Outfitter
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OP
Campfire Outfitter
Joined: Oct 2021
Posts: 11,070 Likes: 7 |
Woohoooooo!!!!!!!!!! Up 6 hundo to start the morning....... Anyone want to venture a guess as to what's coming by weeks end * spoiler alert - it ain't the tooth fairy*[i][/i][color:#FF0000][/color] There will be profit taking, no doubt.
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Joined: Oct 2021
Posts: 11,070 Likes: 7
Campfire Outfitter
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OP
Campfire Outfitter
Joined: Oct 2021
Posts: 11,070 Likes: 7 |
Inflation is not Cum’n down without a lot of Pain.. Volker caused two Recession on purpose how many Recessions will Powell cause don’t know.. It will happen by Him or without Him.. Wealth Destruction is a Certain… Quite a few are predicting a soft landing. From what I read it seems about evenly split between the cheerleaders and downers . I’m not selling and I’m looking for things on sale but I might be premature on the buying side.
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Joined: Feb 2009
Posts: 8,073
Campfire Outfitter
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Campfire Outfitter
Joined: Feb 2009
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Woohoooooo!!!!!!!!!! Up 6 hundo to start the morning....... Anyone want to venture a guess as to what's coming by weeks end * spoiler alert - it ain't the tooth fairy*[i][/i][color:#FF0000][/color] Seems like I heard a phrase. Dead cat bounce. Hasbeen
hasbeen (Better a has been than a never was!)
NRA Patron member Try to live your life where the preacher doesn't have to lie at your funeral
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Joined: Feb 2008
Posts: 8,685 Likes: 2
Campfire Outfitter
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Campfire Outfitter
Joined: Feb 2008
Posts: 8,685 Likes: 2 |
Don’t get Me Wrong .. Hahahahaha
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Joined: Dec 2008
Posts: 8,346 Likes: 3
Campfire Outfitter
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Campfire Outfitter
Joined: Dec 2008
Posts: 8,346 Likes: 3 |
Woohoooooo!!!!!!!!!! Up 6 hundo to start the morning....... Anyone want to venture a guess as to what's coming by weeks end * spoiler alert - it ain't the tooth fairy*[i][/i][color:#FF0000][/color] Seems like I heard a phrase. Dead cat bounce. Hasbeen Meow ..
"Life is tough, even tougher if your stupid" John Wayne
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Joined: Oct 2021
Posts: 11,070 Likes: 7
Campfire Outfitter
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OP
Campfire Outfitter
Joined: Oct 2021
Posts: 11,070 Likes: 7 |
The FOMC is going to release their PCE report (personal consumption expenditures) for April this coming Friday .
Pretty important report that tells what spending is in relation to our present inflation.
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Joined: Mar 2010
Posts: 24,416 Likes: 19
Campfire Ranger
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Campfire Ranger
Joined: Mar 2010
Posts: 24,416 Likes: 19 |
The FOMC is going to release their PCE report (personal consumption expenditures) for April this coming Friday .
Pretty important report that tells what spending is in relation to our present inflation. The same charlatans that predicted a soft landing predicted transitional inflation. what about personal debt and the upcoming comical real estate default crash? Not to mention a real world hunger crisis and the destabilizing fallout Yep Im a downer You should jump and see if you can catch these falling knives. lol Jim Cramer has a ton of really good stocks to pick up the past few months
Last edited by ribka; 05/23/22.
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Joined: Dec 2020
Posts: 197
Campfire Member
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Campfire Member
Joined: Dec 2020
Posts: 197 |
Sell the rip. Good market to trade. Invest Not so much.
It doesn't matter who gets more votes, It matters who counts the votes.
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Joined: Oct 2021
Posts: 11,070 Likes: 7
Campfire Outfitter
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OP
Campfire Outfitter
Joined: Oct 2021
Posts: 11,070 Likes: 7 |
The FOMC is going to release their PCE report (personal consumption expenditures) for April this coming Friday .
Pretty important report that tells what spending is in relation to our present inflation. The same charlatans that predicted a soft landing predicted transitional inflation. what about personal debt and the upcoming comical real estate default crash? Not to mention a real world hunger crisis and the destabilizing fallout Yep Im a downer You should jump and see if you can catch these falling knives. lol Jim Cramer has a ton of really good stocks to pick up the past few months Lots of negatives out there to consider for sure. China’s problems and they’re many, could well be contagious is another strong consideration. Oil and gas looking good now and down the road from what I can see.
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Joined: Oct 2021
Posts: 11,070 Likes: 7
Campfire Outfitter
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OP
Campfire Outfitter
Joined: Oct 2021
Posts: 11,070 Likes: 7 |
Tell me at 4:30 eastern time Well it’s almost time to tell you. Just joking, blanket.
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Joined: Jan 2002
Posts: 12,904 Likes: 5
Campfire Outfitter
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Campfire Outfitter
Joined: Jan 2002
Posts: 12,904 Likes: 5 |
Inflation is not Cum’n down without a lot of Pain.. Volker caused two Recession on purpose how many Recessions will Powell cause don’t know.. It will happen by Him or without Him.. Wealth Destruction is a Certain… This feels much more like the Dot.com boom-bust than the Carter malaise. The key aspect of the Carter malaise was the stagnation of US innovation, not in a small part due to the failure of the “business conglomerate” model. American business we’re getting their asses handed to them by lots of innovative, foreign competitors. Toyota, Sony, Panasonic, etc. businesses we’re headed to Mexico, Taiwan and Japan and jobs were going overseas. Today, we’re in the middle of a flight from China. Yes, there’s pain coming here, but re-shoring will keep pressure on companies to staff these functions in the US, and that will keep the unemployment down, like in 2,000. Like in the dot.com bust, there was the usual “irrational exuberance” followed by a market crash. The crash doesn’t make much difference, economically. The wild card is inventoriies, which are much higher than they need to be because inventories stocked up, “just in case”. The fact that a lot of the manufacturing of that inventory takes place overseas will probably ameliorate that inventory aspect for a significant part
Sic Semper Tyrannis
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Joined: Jun 2007
Posts: 7,952 Likes: 3
Campfire Outfitter
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Campfire Outfitter
Joined: Jun 2007
Posts: 7,952 Likes: 3 |
I'll be the black cloud here and suggest a 1k point DOW drop tomorrow, like last week.
Today DOW, NASDAQ & SP finished nice though.
GOA
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Joined: Oct 2021
Posts: 11,070 Likes: 7
Campfire Outfitter
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OP
Campfire Outfitter
Joined: Oct 2021
Posts: 11,070 Likes: 7 |
Inflation is not Cum’n down without a lot of Pain.. Volker caused two Recession on purpose how many Recessions will Powell cause don’t know.. It will happen by Him or without Him.. Wealth Destruction is a Certain… This feels much more like the Dot.com boom-bust than the Carter malaise. The key aspect of the Carter malaise was the stagnation of US innovation, not in a small part due to the failure of the “business conglomerate” model. American business we’re getting their asses handed to them by lots of innovative, foreign competitors. Toyota, Sony, Panasonic, etc. businesses we’re headed to Mexico, Taiwan and Japan and jobs were going overseas. Today, we’re in the middle of a flight from China. Yes, there’s pain coming here, but re-shoring will keep pressure on companies to staff these functions in the US, and that will keep the unemployment down, like in 2,000. Like in the dot.com bust, there was the usual “irrational exuberance” followed by a market crash. The crash doesn’t make much difference, economically. The wild card is inventoriies, which are much higher than they need to be because inventories stocked up, “just in case”. The fact that a lot of the manufacturing of that inventory takes place overseas will probably ameliorate that inventory aspect for a significant part Taxes on end of year inventories used to be pretty rough causing the ‘just in time, bare bones inventory ‘ for companies.
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Joined: Oct 2012
Posts: 7,647 Likes: 3
Campfire Outfitter
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Campfire Outfitter
Joined: Oct 2012
Posts: 7,647 Likes: 3 |
I'll be the black cloud here and suggest a 1k point DOW drop tomorrow, like last week.
Today DOW, NASDAQ & SP finished nice though. Yep, somewhere between 9 and 1200.
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Joined: Dec 2013
Posts: 13,257 Likes: 15
Campfire Outfitter
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Campfire Outfitter
Joined: Dec 2013
Posts: 13,257 Likes: 15 |
Tell me at 4:30 eastern time Why 4:30 Eastern time? That's when the market shuts down for the day Nope. 4:00 EST. You are right
Patriotism (and religion) is the last refuge of a scoundrel. Jesus: "Take heed that no man deceive you." Hebrew Roots Judaizer
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Joined: Oct 2021
Posts: 11,070 Likes: 7
Campfire Outfitter
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OP
Campfire Outfitter
Joined: Oct 2021
Posts: 11,070 Likes: 7 |
I'll be the black cloud here and suggest a 1k point DOW drop tomorrow, like last week.
Today DOW, NASDAQ & SP finished nice though. Yep, somewhere between 9 and 1200. We’ll see what Asia trading does overnight and then see what Tuesday’s futures looks like.
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Joined: Oct 2021
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Campfire Outfitter
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OP
Campfire Outfitter
Joined: Oct 2021
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Mirage, Toodogs and ribka, Tuesday futures are down.
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Joined: Apr 2011
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Campfire Savant
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Campfire Savant
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