Home Forums Hunting & Shooting Hunter's Campfire Stock Market Futures for Monday

The market can rally all the way down to the bottom. Drop 100, rally 30, drop 100, rally 30 type of thing and next thing you know, it's 1932 but hey "we rallied".

The problem with Yellen and it's HUGE that a government critter admitted they were wrong is - a gov critter in THAT position with THIS subject should never, EVER be so wrong. This wrong. Not when the signs are so damned clear. A high school student can see what was coming and she, the former Fed Chairman should have seen/anticipated and not been surprised.

Futures are up this morning.

So, no doubt she was a political appointment, I take it?

On paper - she's qualified. Has the education etc. but apparently makes calls for political reasons. Might be best way to say that.

Have to respectfully disagree. Laymen saw this coming over two years ago and repeatedly sound the warning

She used to run the Fed from 2014 2018 when the QE really started. And we all know the Fed is corrupt and controls and manipulates our economy and stock market now. .

She knew all along this was happening.

Yellen was a novice compared to Bernanke when it came to QE.

My short term investing is so bad, one could get rich doing the opposite.

Since 1994 I try to keep investments for life....or as long as the reason for buying them are still valid.

I have friends that know more than me that mess with futures, but futures are poison to me.

A very good book, “Get Rich Slowly “.

If you’ve got house money to play with then dabbling in and out can be interesting.

ETA:
Charlie Ellis is the book author.

Nice jump for midday.

I think we actually agree except for the "she was surprised" part. I was taking her at her word on that. But there's no rational reason why anyone should have been surprised and admitting it (true or not) should have been immediately followed by resignation. More my point. No one in her position should have been surprised - either she was and is unqualified or wasn't and is lying/letting it happen and is, objectively unqualified as well.

She simply lacked the fortitude to quit kicking the can further down the road to perdition.

She strikes me more as the economist version of Robert Reich -- political objectives over rule any training or knowledge in the decision making.

Yep. they'll keep doubling down on failed policies to push their agenda despite the destruction they are wreaking on American people

That’s a good fit and comparison with those two.

Futures up for now.

May jobs report should be out tomorrow and is expected to be positive.

Jamie Dimon, CEO of J. P. Morgan, says that the U.S. consumer still has 6-9 months of spending power left.

Are you actually making moves on the day to day activities you report or just reporting?

No. Mainly just following it but looking for opportunities if they present themselves.

Also would like to see if a bottom has been reached.

Lmfao . . . . . . . .not even close

A good jobs report ain’t looking good for the markets today.