9 replies to this topic

[dTraderB]

Of course, people will take the money, send the markets up, then down again....

 

S&P near HoD as report crosses suggesting that President Trump will release full infrastructure plan on February 12 -- Note: Amount of $1.5 trillion was already announced during SoTU  (265.74 +1.81)

S&P near HoD as report crosses suggesting that President Trump will release full infrastructure plan on February 12 -- Note: Amount of $1.5 trillion was already announced during SoTU  (265.74 +1.81)

[gm_general]

The world has been infected with an extra dose of magical thinking since around 1971, in that they think you can get something for nothing. Its not for nothing, its borrowing on future demand. Associated with this syndrome is the cockamamie notion that you can avoid natural cycles of the economy by micromanagement. The cycles were serving to wash out reckless people who took on debt they couldn't manage normally. Now they are rewarded and the snowball gets bigger. You can talk about how rates are low, but debt is just so high ($68T and growing) its still a drag on things. It took $1T of added debt in Q317 quarter alone to get the 3+% GDP print, a rate not seen since 2008. Without the saving rate dropping off a cliff also, recent GDP print would have been like 0.6% and not 2.6%. It looks like every sector went on a spending spree in anticipation of tax cuts. Will they pay off that recent added debt when they get the tax refund? I doubt it.

[redfoliage2]

Let's see if this is a dead cat bounce.

Edited by redfoliage2, 06 February 2018 - 11:20 AM.

[CLK]

All that is already priced in from Nov. 2016. Sold off right on the SoTU. Nothing left to anticipate, except higher rates.

[qqqqtrdr]

Volume today is strong like yesterday.......   A dead cat bounce has weak volume....    Today's upswing is not a dead cat bounce....  Problem solved.

[da_cheif]

Let's see if this is a dead cat bounce.

it wont be    u ready?

[da_cheif]

Volume today is strong like yesterday.......   A dead cat bounce has weak volume....    Today's upswing is not a dead cat bounce....  Problem solved.

[andr99]

 

Volume today is strong like yesterday.......   A dead cat bounce has weak volume....    Today's upswing is not a dead cat bounce....  Problem solved.

 

 

cheif change music......better for you and your ST forecasts.....

 

[da_cheif]

i leave the short term forecasts to the "experts" around here.....675 ono  snort 

[andr99]

i leave the short term forecasts to the "experts" around here.....675 ono  snort 

........better