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Started By
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Have we seen the bottom this year?
Posted on 7/7/22 at 8:51 pm
Posted on 7/7/22 at 8:51 pm
Upvote for yes, downvote for no.
9
Posted on 7/7/22 at 9:02 pm to Dandaman
Want see inflation data next week
Posted on 7/7/22 at 9:27 pm to Dandaman
Not a chance.
Posted on 7/7/22 at 9:28 pm to Jon Ham
Feel like that dude's head is just floating, and I'm a little to high for that right now.
Posted on 7/7/22 at 9:59 pm to Jon Ham
Haha I can’t take that seriously. The “great reset” ends at 23% down? Hmm… buy my newsletter… hmm. Show me a pnl. Sorry, I too am too high for this
Lower until, as floating head guy points out, fed pivots.
Lower until, as floating head guy points out, fed pivots.
Posted on 7/7/22 at 10:01 pm to BadatBourre
Bottom? LOL, what good new on the horizon do you see that makes you think we are about to go UP?
Gas, through the roof, it may have paused for a moment, but it isn't really going down from "Ridiculous" prices. So even a 15 cent drop is only 3%.
JB is talking about printing more money for retirements that are not for federal jobs?
Green deal is marching on towards brokesville. This is the one that kills me, Trump continued to improve on our environmental issues and to do things cleaner than ANY OTHER president or country. But JB is hell bent on punishing our economy to institute rules and regulations that China, India, Russia and whomever else (about 8/10's of the world) don't give 2 shits about; that won't make a bit of difference if they don't get onboard. So, all we are doing is giving up our economic superiority in the process.
He won't let US companies explore, drill and refine as necessary to regain our global independence.
No sure fire way to know how the elections in Nov will turn out yet if we haven't fix the voter id issues.
Gas, through the roof, it may have paused for a moment, but it isn't really going down from "Ridiculous" prices. So even a 15 cent drop is only 3%.
JB is talking about printing more money for retirements that are not for federal jobs?
Green deal is marching on towards brokesville. This is the one that kills me, Trump continued to improve on our environmental issues and to do things cleaner than ANY OTHER president or country. But JB is hell bent on punishing our economy to institute rules and regulations that China, India, Russia and whomever else (about 8/10's of the world) don't give 2 shits about; that won't make a bit of difference if they don't get onboard. So, all we are doing is giving up our economic superiority in the process.
He won't let US companies explore, drill and refine as necessary to regain our global independence.
No sure fire way to know how the elections in Nov will turn out yet if we haven't fix the voter id issues.
Posted on 7/7/22 at 10:07 pm to UpstairsComputer
quote:
Haha I can’t take that seriously. The “great reset” ends at 23% down? Hmm… buy my newsletter… hmm. Show me a pnl. Sorry, I too am too high for this
Lower until, as floating head guy points out, fed pivots.
Don’t you think it’s plausible, if not a reasonable assumption, that the market has already taken into account that the fed is going to raise rates some more this year? If so, what matters as for our next movement is what’s going to happen next year. There are early indications inflation is reaching its peak. If/when that happens and the fed feels comfortable inflation is under control, don’t you think it’s plausible, if not more likely than not, that they will lower rates early next year and add some gas to the markets?
This post was edited on 7/7/22 at 10:09 pm
Posted on 7/7/22 at 10:17 pm to Dandaman
I think we see a new bottom after Q2 earnings. Companies will begin to miss guidance and lower expectations for the backend due to recession fears…which will drive that much more negative consumer sentiment and the doom loop begins.
I expect a recovery to begin in Q1 2023.
I expect a recovery to begin in Q1 2023.
Posted on 7/8/22 at 6:12 am to Dandaman
Idk, but sentiment seems to be shifting.
Let's see what the latest reports show this month, and what earnings look like.
Let's see what the latest reports show this month, and what earnings look like.
Posted on 7/8/22 at 6:32 am to oneg8rh8r
quote:
LOL, what good new on the horizon do you see that makes you think we are about to go UP?
There are at least some supply chain problems that are starting to get closer to normal. I could see 2023 being a big rebound year for the global economy
Posted on 7/8/22 at 6:41 am to Dandaman
I say yes but it’s a guess
It doesn’t really matter to me at this point since I’ve now become a net buyer of stocks. Except for a small trading acct, I’m buying the
Spy
Qqq
Rut
It doesn’t really matter to me at this point since I’ve now become a net buyer of stocks. Except for a small trading acct, I’m buying the
Spy
Qqq
Rut
Posted on 7/8/22 at 6:53 am to SlidellCajun
I say we go lower but not as bad as the doom and gloom crowd that usually shows up here on the big red days. Earnings will be down for many but i see that only lasting a qtr or two. Next year at this time i think people who didnt buy now and in the next few months will regret not buying. Job report is still strong As long as people have jobs they will continue to buy and spend even with high rates/gas/food.
This post was edited on 7/8/22 at 7:43 am
Posted on 7/8/22 at 7:12 am to Dandaman
No.
Multiple contraction is complete.
Now it’s time for earnings contraction.
Halfway there
Multiple contraction is complete.
Now it’s time for earnings contraction.
Halfway there
Posted on 7/8/22 at 7:32 am to Dandaman
No way
Just wait til you’re in the fema camp trying to catch rats to eat by October
Just wait til you’re in the fema camp trying to catch rats to eat by October
Posted on 7/8/22 at 8:06 am to el Gaucho
quote:
Just wait til you’re in the fema camp trying to catch rats to eat by October
Is the camp located in Louisiana?
Posted on 7/8/22 at 8:12 am to oneg8rh8r
quote:
what good new on the horizon do you see that makes you think we are about to go UP?
Do you think equities are a reflection of economic reality?
Posted on 7/8/22 at 8:30 am to tenderfoot tigah
quote:
Is the camp located in Louisiana?
The whole state is a giant fema camp
Posted on 7/8/22 at 8:37 am to el Gaucho
quote:
The whole state is a giant fema camp
It's refreshing when you break character and post something truthful.
Posted on 7/8/22 at 11:36 am to BottomlandBrew
You ever notice how people start complaining about Louisiana and say they’re moving to Texas and you never hear from them again? Do y’all think the guards just shoot them once they get past lake Charles?
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