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We Are In the Clear Until Sept. Fed and Quarterly Op Ex

Posted on 8/25/22 at 1:25 pm
Posted by Hussss
Helena, AL
Member since Oct 2016
7777 posts
Posted on 8/25/22 at 1:25 pm
Market’s job is to inflict max pain on both bulls and bears. When all the pundits keep saying we are about to go and test the June lows, it’s time to get bulled up.
Posted by wileyjones
Member since May 2014
2696 posts
Posted on 8/25/22 at 1:47 pm to
Hussss bullish?

Brb going liquidate my 401k
Posted by Wraytex
San Antonio - Gonzales
Member since Jun 2020
3499 posts
Posted on 8/25/22 at 2:04 pm to
I'm going to buy AMMO.... no, the already loaded stuff.
Posted by jimjackandjose
Member since Jun 2011
6672 posts
Posted on 8/25/22 at 2:20 pm to
Cramer said june is the low and no worries
Posted by buckeye_vol
Member since Jul 2014
35373 posts
Posted on 8/25/22 at 3:58 pm to
O no. I guess it’s time to sell.
Posted by Shankopotomus
Social Distanced
Member since Feb 2009
21082 posts
Posted on 8/25/22 at 4:08 pm to
In todays news Huss discovers moving averages
Posted by ronricks
Member since Mar 2021
11085 posts
Posted on 8/25/22 at 4:12 pm to
You don’t ever give up do you?
Posted by notiger1997
Metairie
Member since May 2009
61339 posts
Posted on 8/25/22 at 4:18 pm to
Cool
Posted by FLObserver
Jacksonville
Member since Nov 2005
15852 posts
Posted on 8/25/22 at 4:22 pm to
quote:

Hussss bullish?

OH Sh$T. Why do this now Husss? I just bought a ton this morning.
This post was edited on 8/25/22 at 4:25 pm
Posted by el Gaucho
He/They
Member since Dec 2010
58529 posts
Posted on 8/25/22 at 4:29 pm to
No time to invest baw too busy getting swole to be king of the fema camp

Gimme your pudding cup
Posted by Jag_Warrior
Virginia
Member since May 2015
4292 posts
Posted on 8/25/22 at 8:48 pm to
When E.F. Hussss talks, people listen.



Showing my age with that one.
Posted by Shankopotomus
Social Distanced
Member since Feb 2009
21082 posts
Posted on 8/26/22 at 3:42 pm to
Posted by MikeyFL
Member since Sep 2010
10203 posts
Posted on 8/26/22 at 4:53 pm to
Damn. Jerome Powell woke up this morning and chose violence.
Posted by JohnnyKilroy
Cajun Navy Vice Admiral
Member since Oct 2012
40327 posts
Posted on 8/26/22 at 6:00 pm to
Unreal this dude is this consistent.

Husssss
Posted by SmackoverHawg
Member since Oct 2011
30957 posts
Posted on 8/26/22 at 6:03 pm to
quote:

No time to invest baw too busy getting swole to be king of the fema camp

Gimme your pudding cup


I'm gonna eat yo cornbread.
Posted by DiamondDog
Louisiana
Member since Nov 2019
12843 posts
Posted on 8/26/22 at 7:48 pm to
What goes down must eventually come up. I just wait it all out
Posted by iAmBatman
The Batcave
Member since Mar 2011
12382 posts
Posted on 8/26/22 at 8:45 pm to
quote:

We Are In the Clear Until Sept. Fed and Quarterly Op Ex


Knew I should have went to cash when I saw this.

3% drop today and fairing Hussss is still a 100% guarantee to make you money.

Amazing
Posted by FLObserver
Jacksonville
Member since Nov 2005
15852 posts
Posted on 8/28/22 at 7:21 pm to
quote:

Knew I should have went to cash when I saw this.

3% drop today and fairing Hussss is still a 100% guarantee to make you money.

Amazing


Hussss went positive and immediately tanked the market
In all fairness to Hussss i was sure Sept/Oct would be a bad time for the markets even with the runup from the last few weeks. History backs this. Figure we will see the lows from June sometime in Sept. Still think how low we go will depend on Oil/Gas. Saw a small drop in the inflation numbers due to prices dropping in Oil last few weeks. Looks like we go down further starting tommorrow.
This post was edited on 8/28/22 at 7:22 pm
Posted by Hussss
Helena, AL
Member since Oct 2016
7777 posts
Posted on 8/29/22 at 4:22 am to
Yeah I sure didn’t think we would get the tank job until September. Normally things get really bullish heading into a long holiday weekend.
Posted by Bard
Definitely NOT an admin
Member since Oct 2008
57986 posts
Posted on 8/29/22 at 10:20 am to
quote:

i was sure Sept/Oct would be a bad time for the markets even with the runup from the last few weeks. History backs this. Figure we will see the lows from June sometime in Sept. Still think how low we go will depend on Oil/Gas. Saw a small drop in the inflation numbers due to prices dropping in Oil last few weeks. Looks like we go down further starting tommorrow.


I still think it's going to be a bad time.

The primary driver with oil/gasoline is lack of supply. Biden has apparently addressed that enough (to get prices more manageable) by draining the SPR (and the lowering prices at the pumps express this), but that's only a temporary solution (and set to expire in November, almost as if something big happens around that time...).

While fuel is dropping, energy is not. Natural gas and coal are far higher (by multiples) than they were in just 2019. While it's not as direct a blow to consumer wallets as gasoline, it still eats into their budgets considerably and -most importantly- this looks to trend upward for the foreseeable future (especially with the Inflation Reduction Acts extra taxes on those two energy sources).

If we get the long-term forecasted milder winter, this will help ease consumer issues (but not enough to completely compensate for the differences between now and last year).

Most foods are still increasing (around 2/3 of the categories), this also is continuing to eat into consumer budgets. The cumulative effect from all of this is why I think Sept/Oct and maybe Nov will be bad.

Oil/gasoline will need to get down to ~$3 nationally (so, another .85/gallon) and remain there for months before businesses are going to feel comfortable lowering prices again, especially with energy still being high and rising.
This post was edited on 8/29/22 at 10:25 am
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