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Stock market soaring under Democratic leadership.

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Posted: #301

Nature1970?

Hello?

Bueller?

Bueller?

 
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Posted: #302

an_popcorn

 
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Posted: #303

@BigGame90

 

 The charts told us this was bound to happen....

 

Just wonder how low we go...initially thought somewhere around 3000 or around the pre-covid numbers...but the best support is around 2700 and then way down at 2000

 

I guess 2800-2900 has some good support on the 5 year...

 

 

 
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Posted: #304

@dubz4dummyz

 time will tell. I think we're in for a big pull back and I think we've just cracked the ice within the last 1.5 months.  Waiting to see where we're at come Dec and Jan might be rough. Currently having fun playin the ODTE spy puts. Either losing 100% or makin 400% in an hour before close.  Think we might have one more fake out rally in Oct and then the rug gonna get pulled to end the year and into next. 

Keeping an eye on Kcblitz prediction after Spy closes below 365 back from May...

 
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Posted: #305

such a fun thread.... why boxed confused

 
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Posted: #306

an_burn_money

 
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Posted: #307

Quote Originally Posted by kcblitzkrieg:

Quote Originally Posted by wallstreetcappers: Quote Originally Posted by I_Need_A_Detox: Why did the fed raise rates?  Because we were seeing the highest inflation rates in 40 years. Why were we seeing the highest inflation rates in 40 years? Since Joe Biden took office, the US has printed nearly 80% of all US dollars in existence. Any questions? Pretty short sided reply, do you need a chart of the FED balance sheet to correct your inaccurate reply? Inflation does not pop out of nowhere in a year, this has been building for over ten years and inflation has been here for multiple years, what brought it to the TV for the masses to see is the price of oil and gas, but inflation has been here for a long long time just denied and suppressed so the FED could keep rates low. If the FED were serious about inflation they would not have allowed this to build as they did nor would they have done some measly raise of 50 bps and wait for the meeting date to do it. It is obvious the FED is not engaged to fight inflation and the bond market indicates this reality.

 

educate yourselves....

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Posted: #308

Quote Originally Posted by kcblitzkrieg:

Quote Originally Posted by I_Need_A_Detox: Hey guys,    Dow futures are down another 400+, Nasdaq futures are down 250… The German DE40 looks like it’s about to fall off a cliff.  Can we start making predictions about how low this thing is going to go and how long the bear market will last?  Honestly I care about who is to blame 3% and care about making money in the future 97%. When SPY falls below 385 here shortly that's gonna open up the path to 3500 later this year.  Probably worse.  Hope you've been playing the short game and the inverse market/index based ETF funds.  Not even close to the bottom yet, gonna be our worst yet (if you're old enough to know 2000 and 2008).  Godspeed

From May 2022

Hi Kelly... Hi foops.... Hi 3rd.... Hi Baisch.... Hi clown world

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Posted: #309

@fubah2

Quote Originally Posted by fubah2:

Quote Originally Posted by wallstreetcappers: It isnt about Biden or Democratic leadership, its about the FED period. The FED has fueled 200% of this rally and yes I said 200%, not Trump, not Biden even with the massive stimulus it is not the driver. Retail peons like us are just bubbles on the ocean we are doing nothing but surfing on the top. The FED has caused this entirely and has for the last 15 yrs.   I agree with Kelly's point.    The market is on a steeper incline now than before Biden took office. It routinely DIPS on bad economic news and then rises on GOOD economic news. Sure the FED has a HUGE effect! ABSOLUTELY!!  But economic news, which is influenced by politics, has an effect too! Thus there is in effect a cause and effect relationship even if not massive. This is a fact. And a combination of Biden winning in November (Good news) *plus* the passing of Biden's stimulus bill (more Good news) the markets are on a steeper incline. This can be readily verified by viewing 2 charts: DOW:  https://tinyurl.com/n8cywnee S&P :  https://tinyurl.com/479wech9

 

can you post some more charts to help illustrate how good everything is going under current leadership....I mean, if you clowns had any cajones you'd step up to the plate and eat crow an_beatup

 

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Posted: #310

Quote Originally Posted by KellyM_1964:

dow up again today to 36,398 ! under president biden and the dem admin the DOW is flirting with another new alltime record high

Quote Originally Posted by baish2012:

Quote Originally Posted by KellyM_1964: cut from cnn :: "the most trusted name in news " Stocks surged in 2021, as Wall Street rolled its eyes at Covid It was an incredibly resilient year for the market, with stocks continuing to rally despite an alarming uptick in cases of the Omicron variant of Covid-19 around the globe. Optimism about the effectiveness of vaccines helped fuel investor enthusiasm though, as did the steady hand of the Federal Reserve and other central banks, which have mostly pledged to tread cautiously as they look to normalize monetary policy and slowly begin raising interest rates There will be a continuation of peaks & valleys on the graphs but the best fit line is still trending upward consistently

 

Quote Originally Posted by baish2012:

Quote Originally Posted by fubah2: Quote Originally Posted by KellyM_1964:   and dow had another great day finishing at a new alltime record high  joe biden    I see that!  Well over 36,500+   Today the DOW is slipping but the other indexes are climbing.  Weird. And oil is rising.  Not a good sign for gas prices.

 

quiet

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Posted: #311

@kcblitzkrieg

So you attribute this drop to Biden?

The drop is 100% due to Jerome not Joe.

The market ramped after Covid even with several business sectors saying supply chain was becoming an issue, yet the drop started when Jerome started raising rates, the market does not really move off federal government deficits or surpluses or how moronic or self centered the president is, the market moves off liquidity and cheap capital outside of unplanned shocks.

Notice yesterday the market ramped and dumped, was that because Joe misspoke or the government gave stim checks mid day? No the market thought they saw Jerome signal the FED is done with rate hikes, the market ramped and then Jerome reversed course and the market tanked and tanked today.

Nice try...

 
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Posted: #312

@wallstreetcappers

 Hi I’m new here and like your name, so Biden gets all the credit for the market being up, but when the market is down Biden is off the hook? Can’t have it both ways imo

Freedom road was a one-way street
 
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Posted: #313

Born into war and issues , storms of torture and torment I diss you , the performances of these “ lords “ before I was sourced into tissue , is exorbitant in it’s coarseness , and I’ve been force fed your sins too , corpses , you adore it , the back and forth fists , goofs , morph into something more , you fornicate living truth , as I report from my core , pure , with the livid cruel , retorts to your abortions of what’s “ normal “, I’m snipping you , foreskin on the floor , poor dicks  , I’m in a shitty mood , you don’t even have a portion of my enormousness , it’s Christmas morning you’re gifted boom……

BACK PATTING and KISSING threads are like passing HAM SANDWICHES around over and over-wall
 
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Posted: #314

@wallstreetcappers

 

Quote Originally Posted by wallstreetcappers:

@kcblitzkrieg So you attribute this drop to Biden? The drop is 100% due to Jerome not Joe. The market ramped after Covid even with several business sectors saying supply chain was becoming an issue, yet the drop started when Jerome started raising rates, the market does not really move off federal government deficits or surpluses or how moronic or self centered the president is, the market moves off liquidity and cheap capital outside of unplanned shocks. Notice yesterday the market ramped and dumped, was that because Joe misspoke or the government gave stim checks mid day? No the market thought they saw Jerome signal the FED is done with rate hikes, the market ramped and then Jerome reversed course and the market tanked and tanked today. Nice try...

Wallstreet....no, you are severely mistaken.... I have posted on this numerous times, I have enough posts for small novel talking about the Jerome, FED and markets.  You aren't telling ME anything I don't already know....it is the retreads that started this thread and in the political forum that I've been banging the drum on.  I have plenty of receipts around here for show and tell, some need bumped now and then.   

Look at the title of this thread....hence, where my focus on "the stock market is not the economy" came from.  It turned into a joke because of this thread (read the posts that started this all).  I've been banging on the clown show since.  They are a joke.  This is not a partisan issue and they made it one from the start....so I have been helping educated them all since....nice try my azz an_wink

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Posted: #315

I was going off post 309, but you are also quite aware Ive never given Biden credit for anything so of course that is not my position at all.

I think those guys are crafting that narrative because of the moron president before him and the MANY posters here who pounded the other side for four years relentlessly, so they are rebounding off that absurd crap we all had to deal with. 

 

 
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Posted: #316

Quote Originally Posted by wallstreetcappers:

I was going off post 309, but you are also quite aware Ive never given Biden credit for anything so of course that is not my position at all. I think those guys are crafting that narrative because of the moron president before him and the MANY posters here who pounded the other side for four years relentlessly, so they are rebounding off that absurd crap we all had to deal with.

Idk, I never saw the cesspool that is the politics forum prior to the 2020 election.  If you say so, sounds about right.  

I just call out the BS like it is presented to me, and that sub forum is overflowing with cow dung so far based from reality it is beginning to not even be funny anymore.  The counter partisan thread in the politics forum was created as a parody to this, now Boxed thread.  This gem should be unboxed and moved back to the cesspool sub...imho.    

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Posted: #317

The reason it was boxed was it went too far, when any thread goes too far and is not about reasonable discussion and sharing information it CAN be boxed, but as you know we allow tons of crap in that forum and it has been said several times that outside those long standing partisan threads, if new stuff comes up and it turns into a mess then it will be boxed and that is what happened here.

In reality that whole section could be cleaned out, the real valuable content which could exist and discussion that might happen never does, too many partisan angry people unable to have conversations without making it personal and breaking the rules.

 
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Posted: #318

Quote Originally Posted by wallstreetcappers:

The reason it was boxed was it went too far, when any thread goes too far and is not about reasonable discussion and sharing information it CAN be boxed, but as you know we allow tons of crap in that forum and it has been said several times that outside those long standing partisan threads, if new stuff comes up and it turns into a mess then it will be boxed and that is what happened here. In reality that whole section could be cleaned out, the real valuable content which could exist and discussion that might happen never does, too many partisan angry people unable to have conversations without making it personal and breaking the rules.

well said peace_5

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Posted: #319

FTX blowing up.... CZ stepping in....rug pull incoming an_popcorn

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Posted: #320

@kcblitzkrieg

 Just a slow steady roll-back to pre-covid numbers....anywhere from 2700-3300 ...3300 probably too high as that was the peak rush right before covid....they working towards those support levels (sp500)

 
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Posted: #321

an_popcorn

 
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Posted: #322

Quote Originally Posted by dubz4dummyz:

@kcblitzkrieg  Just a slow steady roll-back to pre-covid numbers....anywhere from 2700-3300 ...3300 probably too high as that was the peak rush right before covid....they working towards those support levels (sp500)

Sub 3500 levels due up post 1Q-2Q earnings periods when the big misses will start rolling in.... the "transitory camp clowns" are now saying inflation is subsiding....  the next policy mistake will be the yo yo'ing of rates when inflation numbers jump back higher unexpectedly.  Then we will be ready for those sub 3000 numbers peace_5

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Posted: #323

@BigGame90

 

@kcblitzkrieg

 

an_popcorn

 

Chart just keeps putting up a lower high....where does the slide stop...anything below 3580 and we fall further 

 

 

 
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Posted: #324

Quote Originally Posted by kcblitzkrieg:

Quote Originally Posted by dubz4dummyz: @kcblitzkrieg  Just a slow steady roll-back to pre-covid numbers....anywhere from 2700-3300 ...3300 probably too high as that was the peak rush right before covid....they working towards those support levels (sp500) Sub 3500 levels due up post 1Q-2Q earnings periods when the big misses will start rolling in.... the "transitory camp clowns" are now saying inflation is subsiding....  the next policy mistake will be the yo yo'ing of rates when inflation numbers jump back higher unexpectedly.  Then we will be ready for those sub 3000 numbers

 

We are approaching this time....inflation narrative was that is was "subsiding".  Policy was that .25% rate hikes were in place and terminal rate was going above 5%.  The "yo yo'ing of rates" time they have already started commenting on as we are going to see some HOT cpi and ppi numbers come in...

JPoW just gave 2 days of congressional testimony on the following: 

SUMMARY OF POWELL TESTIMONY (3/7/23):

1. Peak rate will be "higher than anticipated"
2. Revisions show inflation "higher than expected"
3. Minimal deflation in services
4. Decisions to be made "by meeting"
5. Inflation "to be bumpy" A pivot from hawkish to more hawkish.

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Posted: #325

Its all Trump"s fault 

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